> that I believe you're on your own to pay yourself out of the fund. I am specifically interested in that part :) If I'm withdrawing the money myself from the

> that I believe you're on your own to pay yourself out of the fund. I am specifically interested in that part :) If I'm withdrawing the money myself from the fund, then I have to take into account the small possibility of me living until I'm 90-100, and thus split money into portions that will last that long. A company could pool a lot of people's money and take advantage of the law of big numbers (i.e. the average lifspan of their clients can be predicted with actuarial math) and portion my money as if I'm going to die when the stats predict me to die (sooner than 90-100 years old), making my monthly withdrawals bigger. That's what state pension funds do in a lot of countries at the moment, incl. my country Poland, but I don't trust the government with my money.