South Africans continue to work in retirement
Article by Neesa Moodley – Moneyweb Nine of every 10 retirees included in Old Mutual’s survey are working to supplement retirement income. The 2019 Old Mutual Savings Monitor shows that many South Africans continue to earn some kind of income after they retire. It found that for every R100 these retirees receive, more than half […]
The roof over our heads at retirement
For most people, our home is our biggest single investment. It doesn’t only tick Maslow’s hierarchical boxes regarding our basic needs, by providing shelter and security, but also has a bearing on our psychological and self-fulfillment needs when we consider issues like size, facilities, and the ever important “Location, location, location”. Just as with our […]
Ultima Smart Event 12 Feb 2019 – Andrew Davison Presentation
[vc_row][vc_column][us_single_image image=”6918″][us_single_image image=”6919″][us_single_image image=”6923″][us_single_image image=”6922″][us_single_image image=”6925″][us_gallery ids=”6930,6929,6928,6927,6926″ layout=”masonry” columns=”1″][us_gallery ids=”6942,6941,6940,6939,6938,6937,6936,6935,6934,6933″ layout=”masonry” columns=”1″][us_gallery ids=”6952,6951,6950,6949,6948,6947,6946,6945,6944,6943″ layout=”masonry” columns=”1″][us_gallery ids=”6962,6961,6960,6959,6958,6957,6956,6955,6954,6953″ layout=”masonry” columns=”1″][us_gallery ids=”6974,6973,6972,6971,6970,6969,6968,6967,6966,6965,6964″ layout=”masonry” columns=”1″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Click on the following link to download the presentation in PDF format: Fixed versus Living Annuities. What is the difference?[/vc_column_text][/vc_column][/vc_row]
Structuring of retirement income
Most people (at least when they reach the age of 45 or older) start thinking about retirement and the possibility of receiving a nice sustainable income in retirement. For this to happen people need to start planning well ahead of retirement. As a lot of people still belong to company funded pension or provident funds, […]
You won’t retire financially secure if you don’t preserve
According to a recent survey, many South Africans are not prepared for the financial consequences of retirement. Although it is important to save for retirement regularly and throughout your working life, preserving your funds when changing employers should also be at the top your list of retirement-saving do’s. The 2018 Sanlam Employee Benefits Benchmark Survey […]
The price of delay
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]We often procrastinate when it comes to saving. Instead of paying ourselves first we fund our lavish lifestyles, albeit in cash or using your paycheque to mostly repay debt. In the midst of the rat race and keeping up with the Joneses we don’t realize that we are missing out on the 8th wonder of […]
Criminal self-sabotage: Cashing out your pension fund prematurely
Jeanette Marais, CEO of Momentum Investments (Article from FA News) Cashing out your pension fund every time you change jobs may seem like a quick cash-flow fix in the moment, but in actual fact, it’s self-sabotage. Every time you borrow from the future, you jeopardise your financial wellness beyond retirement. One thing many people do […]
How to make your retirement savings last: common myths debunked
29 May 2018, Shaun Duddy, Allan Gray Article from FA News Shaun Duddy from Allan Gray. There are many risks that need to be overcome to ensure that retirement savings last, says Allan Gray’s Shaun Duddy, including longevity, inflation and investment risk. In the piece below Duddy debunks common myths associated with retirement savings. Myth #1: […]
Impairment in retirement
We don’t like to think that we might become frail and impaired in our old age. The reality is that due to longevity, we will live to be older than our own parents, and there will be a huge probability of becoming frail and impaired. The biggest concern about being frail in your old age, […]
Did pension freedom help British pensioners?
In 2015 the UK regulators allowed pensioners to cash all their pension money in and spend it as they wish. £17.5bn pound of pension freedom money are gone from the pension funds. A study by AJ Bell now reveals that $3.9 bn of the withdrawn pensions were stuck straight into low yielding banking accounts, according […]
