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A Basic Guide

Savings as a Source of Retirement Income

Know your options and how much income you need from savings to cover your expenses. Then make a plan, and move from plan to action.

  • 1. Consider Your Options

    You could live on interest, drawdown your savings, or buy an annuity

  • 2. Determine What You Need

    What you need above Social Security & other income sources to cover expenses

  • 3. Make a Plan

    Use a mix of options for a retirement income plan that works for you. 

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Explanations
Get what you need, without out-living your savings.