Take advantage of the investment flexibility, avoid the risks
One of the most important decisions you’ll have to make at retirement is what to do with the retirement capital you have built up through your life. Living annuities, which will provide you with an income, offer a number of benefits to those about to enter retirement. But they also come with a number of risks that you need to take into consideration before deciding whether to choose a living over a guaranteed annuity.
Living annuities give you the flexibility of deciding where to invest your retirement capital, but they also expose you to market fluctuations. The rate at which you draw down your capital will also determine whether you outlast your money or your money outlasts you.
These are important decisions you need to make before investing in a living annuity, and you don’t need to do it alone. Holborn Assets has extensive experience in advising customers making the important financial transition into retirement so let us help you along that journey too.