Ensuring a 'safe retirement income floor'

THIS is the sixth instalment of our retirement series.

In my previous columns, I shared how our proprietary tool "RetireWell" is used to give our client David, 59, a reliable income stream throughout his retiring years. (You can read the unedited versions of the earlier articles at www.providend.com/articles/).

I have written quite a bit on how buckets two to six are invested to get the returns necessary for withdrawals. In this article, I will now turn our attention to the income bucket.