Decumulation 101: the basics of drawing down capital in retirement

Authors

  • Geoff Rashbrooke

DOI:

https://doi.org/10.26686/pq.v10i3.4498

Keywords:

retirement savings assets, decumulation methods, financial advisers, lifetime annuity, pooled annuity funds

Abstract

Decumulation in the retirement income context is the using up of retirement savings by way of drawing out regular income – for example, a fixed amount each month. It’s the converse of accumulating retirement savings while in paid work by regularly putting money aside. And return on investment plays its part in both: in the accumulation phase it enhances the amount saved; in the decumulation phase it enhances the regular amount that can be paid out.

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Policy Quarterly volume 10 number 3 2014

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Published

2014-08-01

Issue

Vol. 10 No. 3 (2014): Policy Quarterly

Section

Articles

License

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