Retirement Income plan is a platform used when an investor retires from a pension fund or retirement annuity and wants to receive a monthly/ annual income from his/ her investment. On some of the platforms a percentage withdrawal can be chosenbe chosen on an annual basis, this ranges from 2.5% to 17.5% per annum.

The retirement income plan also known as a Living Annuity is chosen as the mechanism for income after retirement. The funds invested have exposure to the different asset classes and are invested based on the investors risk appetite.