We offer a range of retirement income options – post-retirement monthly payments that provide a guaranteed and stable income in retirement. This income will never decrease no matter what happens to investment markets or how long you live.
You can purchase a retirement income from Just if you are leaving a retirement fund, transferring out of a living annuity, or voluntarily purchasing a retirement income from personal savings.
The minimum amount you need to purchase a retirement income from Just is R50 000.
INCOME OPTIONS
We have the following retirement income options:
JUST LIFETIME INCOME
Your annual increases in income are targeted to increase with inflation, and are related to the performance of an investment portfolio.
Please view our product brochure, Key Information Documents, Fund Fact Sheets and 2019 Increase Notes for more information.
JUST INFLATION-LINKED INCOME
Your income will increase annually in line with the Consumer Price Index (CPI).
Please view our Key Information Document for more information.
JUST FIXED ESCALATION INCOME
Your income will increase annually by a percentage that you select at the beginning. The percentage can be anything from 1% to 10%.
Please view our Key Information Document for more information.
JUST LEVEL INCOME
Your income will stay the same every year.
Please view our Key Information Document for more information.
All these options give you the choice to nominate beneficiaries to continue receiving income payments for a certain time period after your death.
To purchase a retirement income from Just, please speak to your financial adviser. If you don’t have a financial adviser, please contact us at info@justsa.co.za and we will put you in touch with one.
Just Lifetime Income as an asset class in a living annuity
An adapted form of Just Lifetime Income is available as an asset class in a living annuity. Please contact us if you would like further information.
A HIGHER INCOME
All our retirement income options are offered as ‘enhanced annuities’. An enhanced annuity is a guaranteed monthly income that pays you more based on certain health and lifestyle factors, such as a chronic illness, or smoking.
Do you qualify for a higher income?
FOR MORE INFORMATION
- Please view our Enhanced Annuities brochure and Case Studies brochure.
- To view our Principles and Practices of Financial Management (basically, how we manage certain products), click here.