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FT Guide to Pensions and Wealth in Retirement, 2nd Edition by Mr. John Greenwood

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15

Income drawdown

What topics are covered in this chapter?

Income drawdown is the ability to leave your pension invested in the stock market, while having the option of drawing an income from it.

With increased life expectancy meaning that retirement can stretch well into three decades, many experts now argue that remaining in the stock market is the best way to manage your money, at least through your sixties and possibly through your seventies. Annuities are backed by gilts, yet for an investment horizon of 20 or even 30 years or more it can be argued that at least some exposure to assets such as equities is more appropriate. While it exposes ...

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