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Retirees struggling to live off investment income
Old Mutual Wealth
English - October 05, 2023 09:00 - 5 minutes - 4.07 MBInvesting Business old mutual investing wealth market analysis africa invest Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Roland Grabe, Head of Discretionary Fund Management at Old Mutual Wealth, speaks to Simon Brown of Moneyweb about life and living annuities. He says the investment market volatility, especially in bear markets, make it difficult for retirees to live satisfactorily off their investment income. In addition, investment strategy decisions are tricky and require an investor to have a qualified financial planner to guide them through the various options to how they can mitigate risk whilst maximising investment returns.