If you're quickly approaching retirement but feel you don't have nearly enough money to cover the costs that come with it, there's no better time to take action than today.
What you do today can either consolidate your future or destroy it.
Maybe you haven’t been able to save enough money for retirement because you’ve had many other urgent expenses, have gone through career changes and j... ››› more
Yesterday, the Financial Services Board (FSB) revealed that a company was operating in the Vanderbijlpark area reportedly to help clients claim excess pension funds.
The FSB says that the company is not authorised to conduct such business.
Let's take a closer look at what happened and what you can do to avoid being involved in such a scam…
The FSB has concerns over the business deal... ››› more
As you approach retirement, many thoughts may be going through your head. Being financially prepared for retirement is only part of it.
You also need to learn to adjust to the multitude of changes that will come and not allow yourself to be overwhelmed by them.
How will your life change after retirement? And how can you manage to live happily after retiring?
Here are a few ways to adapt ... ››› more
When you're young, chances are that retirement is not on your mind. You have better things to think about. And who could blame you?
But when you approach retirement age, you start thinking more and more about how you'll spend your golden years, if you'll have enough money to get by, and how you can prepare yourself best for this period.
Preparing for retirement means that you have to assess ... ››› more
If you're approaching retirement and still haven't started investing in your nest egg, don't be alarmed. You can still catch up and save enough money to live comfortably during retirement, as long as you take this process seriously and start saving now.
If you need help catching up on your retirement savings, here are four ways to grow your nest egg starting now.
1. Start saving now
Not ... ››› more
Do you know how much money you need to save for retirement? Can you be sure that you'll have enough money to live comfortably and worry-free during retirement?
If you're already approaching retirement age, you should have a clear picture of how retirement will look like for you and how much money you need to have saved up until then.
Although there are no general guidelines when it comes to h... ››› more
Many people feel unprepared when it comes to retirement. The simple thought of retirement can cause people to feel anxious and overwhelmed.
To prevent these feelings and become more relaxed when approaching retirement, you need to plan ahead wisely and avoid making some very foreseeable mistakes.
The following retirement planning mistakes are very common, but the good news is that they can... ››› more
Whether you're heading towards retirement or you're still young, it's never too early to start saving for this period of your life.
Increasing your retirement savings should be a priority, especially if you've only got a few years to go until you retire.
With so many monthly expenses, it may seem practically impossible to put aside money for your retirement. The good news is that it can be ... ››› more
For many, retirement seems like a dream come true. You have all the time in the world to do whatever you fancy, you can travel the world, visit relatives, take up new hobbies, and treat yourself to everything you've ever dreamed of.
However, not everyone retires happily and comfortably. Sometimes we are forced to take drastic measures to adjust to retirement, simply because we haven't saved en... ››› more
When you're in your 20's or 30's, you're probably not considering saving money for retirement. You may have student loans to pay or credit card debt and retirement seems so distant, it makes no sense to start saving now.
But what if I told you that starting to save early for retirement is one of the best things you could do to secure your financial future?
The sooner you start, the better off... ››› more
If you've reached retirement or are getting very close to retiring, you know by now that the sooner you start saving for this period, the better.
How much money you'll have when you retire largely depends on how you've lived your life up to that point. If you've made sound financial choices all your life and have managed your money well, then your chances of retiring comfortably increase.
W... ››› more
Retirement shouldn't take you by surprise.
The problem is that most people do not have nearly enough money saved up for retirement. If you're in your 50's or 60's, there are no shortcuts - you have to take action now.
You can maximize your retirement savings and make sure you have enough money to live comfortably for the next 20 years or so after retirement by acting responsibly and planni... ››› more
Are you pushing 50 and still haven't managed to save much for retirement?
Although time is of essence, you can still make up for the lost time, as long as you are willing to make certain sacrifices.
If you feel that time is not on your side and that you should make some serious changes to prepare for retirement, here are some tips to get you started.
Start saving big. NOW.
If you hav... ››› more
Retirement is the time when you should enjoy yourself and do all the things you've always dreamed of, but never had the chance.
Retirement is also the time when you can relocate, change your lifestyle completely, and move to an exotic, far-away land.
Not all retirees can afford expensive destinations for retirement, so here are some more inexpensive options you can consider.
Affordable ret... ››› more
Are you in your late 40's or 50's and worried that you have not managed to save a substantial amount for retirement?
Even as a late starter, you can still make up for the lost time, but you have to act fast and start saving much more than planned.
It may be time to take some drastic actions, but it will all be worth it when you retire.
Here is how to catch up on your retirement savings... ››› more
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