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Assure me
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Do you need your pot to provide £35k gross from now for the rest of your life, or until 67, then less when your State Pension kicks on?
If it’s the second scenario, then the hybrid suggestion of annuity is a good one, as this provides a guaranteed base income, which will be topped up in 10 years time. Therefore, your drawdown pot is only looking to support the additional income over the next 10 years. Annuity rates are high, and they are no longer considered the poor value for money they once were.
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