It appears that nothing about preparing for retirement is easy. But as with most important things in life, it's all comes down to the planning. If you've decided you're going to buy an annuity with your retirement savings, what are your options? There are a wide array of annuities to pick from. Let's take a closer look at five of the most popular…
Annuity #1: A level annuity
This is the most... ››› more
Arguably, one of the best ways to prepare for retirement is to have a few different means at your disposal. This gives you some diversification and reduces your risks if something untoward was to happen to one of your plans. For instance, you may have a retirement annuity, a pension scheme through your job and a bumper savings account. And if you haven't thought about it before, you can put some m... ››› more
You probably have a good idea of what you'd like to do once you retire. Perhaps you want to travel. Maybe spend more time with your family. Or perhaps get that fruit and vegetable garden really going. But have you thought about how you're going to get there? More importantly, have you financially planned to get there? Read on to find out what you need to do to get started…
Retirement planning... ››› more
Last week, ratings agency Fitch, downgraded its outlook on South Africa from stable to negative. It's reasoning… A poor economic outlook and rising consumer debt.
Now these ratings agencies can be used as a gauge to tell what the rest of the world thinks about investing in South Africa. And when they downgrade their outlook, it sends a poor message to the rest of the world and bruises South A... ››› more
Retirement annuities (RAs) are popular saving vehicles for retirement. But do you know there is a newer generation of RA that uses unit trusts to invest in? It doesn't need a policy like the older style, works out cheaper and is much more transparent. So how can you weigh up which RA is best for you? Ask yourself the following questions…
Question #1: Are there any penalties if you change your... ››› more
It shouldn't be long until the first Bitcoin exchange traded fund (ETF), the Winklevoss Bitcoin Trust, launches in the US. So have you thought about adding some Bitcoin flavour to your retirement fund? This might sound a crazy idea, but many retirement experts advocate up to 10% of your pot in alternative investments. So you could opt for some Bitcoin exposure. Let's take a closer look at whether ... ››› more
Retirement planning is a bit of a minefield. If you're saving on a monthly basis to your retirement fund, is it enough? How can you retire earlier than you planned? And how can you avoid the biggest mistake you can make when you retire? To find out and discover what else you should be checking when it comes to your retirement planning, keep reading…
The importance of checking your retirement ... ››› more
Investing in dividend paying shares is one way to produce an income stream when you retire. You can buy the shares and, until you need the dividends for income, keep reinvesting. You can just sit back and watch your holding grow. But you shouldn't just rush out and buy these shares at any price. The price you pay will have a bearing on your return from the dividends. Let's take a closer look…
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When I was still only a kid at school my dad one day sat down and had a talk with me about savings. You know, the whole “put some money in the bank every year and save for a rainy day” speech.
Miraculously a bit of that got stuck in my mind and today I'm really grateful for it.
You see, without even knowing it the principle he taught me could put an extra R1,064,479 in my pocket by the d... ››› more
When it comes to planning your retirement, you want to have a comfortable one. Unfortunately not everyone can achieve this. So what can you do to stack the odds in your favour so you can have a more comfortable retirement? Let's take a closer look…
A comfortable retirement all comes down to the planning
Retirees who achieve a very comfortable retirement are not necessarily the people who had... ››› more
Ensuring that you start saving early for your retirement is the best course of action. But if like many people, you haven't put enough aside earlier in your life, how can you check you'll have what you need? Let's take a closer look at how you can do this…
How much more do you need to save for your retirement?
There are a number of factors to take into consideration to check how much you nee... ››› more
After slogging away for years putting aside the necessary savings to allow yourself a decent retirement, what do you do once you get there? You may think that all you need to do is sit back and relax, but there are things you can do to simplify your life as a retiree. And make things easier for your loved ones. Let's take a look at what you should do…
Retiree tip #1: Keep fit
Your most preci... ››› more
With interest rates still low and the stock market trading at high valuations, there are no guarantees that the market is going to give you good growth or a decent income. And living expenses aren't getting any cheaper either. So what can you do if you want to take an early retirement? To help you achieve your goal of early retirement, you need to follow a few simple strategies. These strategies c... ››› more
Your last day at work is finally here and you can't wait! Are you happy with your retirement plan? Do you think you've done enough to adequately plan for it? Read on to discover the three mistakes you must avoid when planning for your life after retirement…
Did you miss out on Francois Joubert’s secret to retiring rich?
If you couldn't make it to Francoi... ››› more
Are you worried you've left planning your retirement too late? Do you want to know how you can catch up on planning your retirement? Today, we reveal four ways you can kick start your retirement planning...
The secret to retiring rich is out!
On the 15th of March, 98 of investors discovered the secret to retiring rich and now you can too.
With the R... ››› more
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