Some of you might have come across a retirement income advertisement on social media platforms such as this: Not surprisingly, I have readers telling me such retirement plans exist and what I think about such an attractive retirement income strategy. Investors with an income goal, such as retirement income, or looking for some long-term income are most interested in this. If I asked the investors to explain more about what they know about “this strategy”, they struggled to explain. The most common response is: “I don’t remember much, but that 8% p.a. income seems guaranteed.“ Look… it is a big ask for any financial institution to promise an 8% p.a. income guaranteed. I am quite sure the person who came across this must have misinterpreted things. But why? I think many investors have this income requirement that is so important to them that they wish for a solution to...