# Financial experts are warning retirees during Savings Month to avoid withdrawing too much from their living annuities, saying high drawdown rates can quickly erode retirement savings. While living annuities offer flexibility, experts say a sustainable annual withdrawal of about four to five percent helps preserve capital. They also caution that inflation remains a major threat, reducing purchasing power over time. Retirees are advised to maintain a balanced investment portfolio, including growth assets, to ensure their savings continue generating income throughout retirement.
Experts urge sustainable retirement withdrawals