What are drawdown rates? Each year, the Australian Government requires superannuation account holders receiving an income stream to withdraw at least the minimum pension payment from their super, as part of their annual income stream. This is known as the minimum pension drawdown. ...
“This will help you understand your drawdown plan when it comes time to take an RMD each and every year. These considerations should be thought through in the five or so years leading into your proposed retirement.” Managing required minimum distributions and taxes Planning ahead for RMDs can...
Maximum (at completion of the mortgage loan term): legal retirement age, as regulated in the respective country, unless demonstrable evidence of sufficient pension and/or other income to support mortgage payments up to the end of contracted mortgage. Interest Rate: Interest Rate: Variable or Fixed...