Press Release – Lifetime Retirement Income The need to drawdown retirement savings to generate a reliable income has been proven by a new longitudinal study from Massey University, according to the retirement income company, Lifetime Retirement Income. It says the Massey study shows it is harder … The need to drawdown retirement savings to generate a reliable income has been proven by a new longitudinal study from Massey University, according to the retirement income company, Lifetime Retirement Income. It says the Massey study shows it is harder to fund retirement now than it was four years ago for many people. But the change is not universal, and some retirees in large cities are finding life a bit easier.