Section 4
Secure a Sustainable Retirement
Finance more life for your years
The Non-Negotiables of Retirement Income
Certainty is non-negotiable in retirement. Across all measures, retirees consistently prioritise income security over flexibility.
Lifetime income matters most. The top priority is that income must last as long as you live, well ahead of any desire for flexibility or upside.
Protection beats optionality. Covering medical and frail-care costs, keeping pace with inflation, and shielding income from market volatility are seen as essentials.
Flexibility and legacy are secondary. Features like flexible drawdowns or leaving money behind are viewed as 'nice-to-haves', not core needs.
Behaviour is consistent over time. Even as confidence, risk appetite and spending behaviour fluctuate, these income priorities remain remarkably stable.
Self-preservation dominates decision-making. When forced to choose, retirees default to protecting their own income security rather than chasing growth or optionality.
Partner planning matters: With partners expected to live to 86, survivor benefits and joint-life planning are critical.
Do you need advice?
Are you in or approaching retirement?
It is worth considering advice from a qualified financial adviser
- If you need help understanding your options – life, living and blended annuities
- If you want to take account of your personal financial circumstances
- If you are considering how your retirement savings can be used with other savings and investments to meet your financial needs
- If you need to consider the tax implications of your choices
Contact Just or visit our website for more information, or for details of independent financial advisers in your area
About Just SA
Just SA is a retirement income and life annuity specialist. We partner with best-of-breed independent asset managers and administrators to provide an enhanced value proposition to meet the different needs of South African retirees.
Just entered South Africa in 2015 to address the shortcomings in the annuity market highlighted by National Treasury’s retirement reform papers, the precursor to the Default Annuity Regulations. We designed features that are unique to Just’s proposition. We believe our life annuities address important gaps left by traditional providers of life and living annuities in South Africa.