“I have heard about Annuities and Unsecured Income (Drawdown), but I’m not sure that either of those options are suitable for me. Is there a 3^rd way?”

 

Now this is where it really gets exciting! There have been significant innovations in this area over last year or so in the UK and this is where many people are missing out!

 

You may have read elsewhere in the site about Annuities and Drawdown and thought that either they weren’t for you. The 3^rd Way may provide you with an alternative solution or a means of linking the other two approaches together.

 

The 3^rd way has been available in the US since the mid 1980’s, where it has proved to be both popular and effective. However, until 2007 it was not available in the UK at all. Since when, a growing number of providers have recognised that there is a significant demand for a solution for clients who do not fell either annuities or Drawdown is appropriate for their income problems.

 

There are a few versions of the 3^rd Way. Essentially, what each one does is to provide a guaranteed level of income (up to certain maximums), but keep control of their investments at the same time.

 

This, therefore, means that clients can almost have their cake and eat it. That is, they can have a guaranteed income now, and if their fund suffers in a bad market their income is not affected. If their fund does well, their income goes up with it.

 

Our step-by-step retirement income options process has been designed to help you determine how the 3^rd way might fit into your retirement income strategy.

Our e-Book provides many more interesting ways that the 3^rd Way can help make your planning highly effective and potentially reduce your estates Inheritance Tax bill.

 

If you would like us to provide you with our step-by-step retirement income options process and through that advice regarding how you may use the 3^rd Way in your planning, please contact us.