To guarantee or face the drawdown dilemma? Practical examples to help with the life annuity vs living annuity decision

Retirees face tough choices: draw too much and risk running out of money; choose certainty and fear losing flexibility. New Asisa data shows that while average drawdown rates are falling, thousands of South Africans still withdraw at unsustainable levels. Using real-world modelling, Momentum Wealth’s Fareeya Adam explores how living, life, and hybrid annuities play out in practice, and what it takes to secure an income that lasts as long as you do.