I have heard the experts say put your money in the stockmarket it returns on average of 12% OVER THE LONG TERM.
Are they talking about managed funds?
Chosing blue chip stocks like buy and hold? (these can go down also)
Other comments i have heard is invest into a managed fund for income and capital growth......
I have not heard too much in regards to the risk with these types of set ups.
Now if you are going to plough your retirment money into a managed fund to get income and it performs like they did not so long ago you would be eating bitter herbs for a while.
So the question where would a person put there money to receive an sustainable income with the minimum of risk.