What you need to know
- You will receive an income for as long as your investment lasts so you need to keep an active eye on your withdrawal rate. Try to keep your maximum annual average below your investment return to allow for escalations.
- Transfer the money that you have in a pension, provident, preservation or retirement annuity fund into an FNB Living Annuity.
- Choose how much income you want from your FNB Living Annuity each year - between 2.5% and 17% - in line with your changing needs and the performance of your investment.