Browse FAQs

Living annuity

How much income will my living annuity pay?

You have the flexibility to choose the annual income your living annuity will pay, between 2.5% and 17.5% of your remaining capital at your policy anniversary date.

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Do I have enough retirement savings to retire at age 58?

is 4,1 million rand enough to retire at 58 years of age?

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What happens to my living annuity when I die?

Any residual investment value is distributed among your beneficiary(s).

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What are the living annuity risks and benefits?

Among the living annuity risks and benefits include that in exchange for the flexibility benefit a living annuity provides, you assume the risk of securing an adequate, sustainable income.

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