The science of blending — annuities and drawdown in synergy

Blending takes the best qualities from different styles of coffee to create a smoother drink. Combining different coffees this way adds balance and complexity. It also highlights the best elements of each component . This is analogous in retirement planning to the relationship between annuities and drawdown. They are polar opposites in so many ways, but blended together they create a powerful synergy. They deliver what many retirees consider the ‘holy grail' of security with flexibility. Security is a key benefit of an annuity. Providing reassurance and comfort; helping people to slee...