WARREN INGRAM: How to add more life to your living annuity
The Treasury is helping retirees and other investors in these tough times by increasing the interest you can earn from retail savings bonds
Markets around the world have taken a beating. This is concerning for everyone, but it is most problematic for retirees and others who require income from their investments. Aside from the stress of watching their capital diminishing at a rapid rate, retirees are understandably worried about how they are going to maintain their income in the future.
So what should you, as a retiree, do to balance your need for income while preserving the value of your capital?..