LV='s video: Bitesize Retirement FAQs: Are there any alternatives to annuities drawdown

Choosing between Annuities and Drawdown is similar to choosing between flexibility and security. An annuity is a guaranteed income for life but isn’t flexible and a Drawdown is very flexible but has no guarantee on how long your money might last. You can mix both of these pension options so you can have the best of both worlds. Some of your money could be used for a guaranteed income while the rest you access flexibly whenever you wish. Some retirement products aim to give you flexibility and security, for example, a ‘fixed-term annuity’ provides a guaranteed income for a certain length of time. When you come to the end of that period, you can make decisions about how you use the rest of your money. Check out the other videos on our channel! LV= YouTube – Subscribe here | http://lv.social/fs5y Get social with LV=: LV= Facebook | http://lv.social/u5eq LV= Twitter | http://lv.social/Zp6P LV= LinkedIn | http://lv.social/Hv5Q LV= Google+ | http://lv.social/5cr3 LV= Instagram | http://lv.social/yN63 Check out some of our articles: LV= @Heart | http://lv.social/M9W7 Love life | http://lv.social/Wg1D Love retirement | http://lv.social/Tx2D Find out more about our products: Car Insurance | http://lv.social/E4ja Home Insurance | http://lv.social/yc48 Travel Insurance | http://lv.social/rs27 Pet Insurance | http://lv.social/Ws7i Classic car | http://lv.social/Bm2H Landlord insurance | http://lv.social/TF02 Motorbike insurance | http://lv.social/OG8B Caravan insurance | http://lv.social/48u4 Breakdown cover | http://lv.social/UQ7Q Life insurance | http://lv.social/pc33 Income protection | http://lv.social/Ca4O Mortgage & Lifestyle Protection | http://lv.social/RZ7o Critical illness cover | http://lv.social/B1oh Retirement wizard | http://lv.social/r7Wq Retirement plan | http://lv.social/mk0F Investment advice | http://lv.social/9dr3 Equity release | http://lv.social/SO2G Pensions | http://lv.social/ET6x Annuities | http://lv.social/xB2t & more | https://www.lv.com/about-us LV=, County Gates, Bournemouth, BH1 2NF, UK