Retirement planning is an essential step in ensuring a financially secure future. The tricky part is that it’s different for everyone. This is because the ideal number depends on your lifestyle, savings, and long-term goals. Here’s what to consider: Expenses & Income – Will your spending change? Some retirees only need 70-80% of their pre-retirement […]
How much do YOU need to retire comfortably? Read More »
In the landscape of financial security within South Africa, Retirement Annuities (RAs) stand as a pivotal element, offering individuals a solid foundation for their future. Not only do RAs serve as a cornerstone for retirement planning, but they also offer significant tax advantages, making them an essential tool for financial strategies. Retirement Annuities provide a
The Strategic Importance of Retirement Annuities in South Africa Read More »
With improved healthcare and the trend towards healthier lifestyles, many people are living to an old age. Make sure that your money lasts as long as you do. Are you retiring in the near future and concerned that you may not have enough capital to retire? We often read that the majority of South Africans
Retirement and your ‘second wind’ Read More »
Is the proposed two-pot retirement system ‘stirring the pot’ in the retirement fund industry? The draft tax legislation released by National Treasury on 29 July 2022 contains details of the much anticipated two-pot retirement system. The proposed changes are quite far-reaching—although there will also be criticism that the changes do not go far enough. The
The two-pot retirement system: tax updates drafted Read More »