I am young and trying to work out how I want to get a retirement annuity sorted. My question is, is it better to put 9 in to one RA, or 3 3 3 in to 3 different RA's? (here I just use the numbers to explain the ratio of splitting) Personally I like the spreading option, but I am not sure if I am hurting my returns by doing this (hurting my compound interest)

  • What country? In the US - annuities are good investments during retirement, usually not before retirement. – D Stanley Jul 26 '19 at 13:09
  • South Africa, I had no idea this matters – Paul Kruger Jul 26 '19 at 13:13
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    Nine whats get put into the RA? – RonJohn Jul 26 '19 at 15:22
  • @RonJohn Ah sorry Ron, thought it would be obvious but I changed my question. The 9 and 3's are just examples of the ratios. In other words, should I keep everything in one, or split the up into multiples? – Paul Kruger Jul 28 '19 at 16:16
  • Paul, I wonder if not enough people on this site know the particulars of the South African retirement system. (The US, at least, doesn't seem to have anything like this.) – RonJohn Jul 28 '19 at 16:23

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