Tag Archivesretirement


Are fees taking the bonus out of SA smooth bonus funds?

Given the volatile nature of local markets in recent years, smooth bonus funds have increased in popularity among South Africans seeking a more stable ride to retirement. This most likely shows that South Africans, especially those who are most vulnerable, are opting for all the protection from market volatility that they can get. (more…)

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Retirees must budget carefully for medical aid expenses

People saving towards retirement often overlook or downplay the impact that future healthcare needs have within their retirement planning framework, which then results in these costs eroding income earmarked for other necessities. (more…)

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Justine Wyatt, Legal and Complaince Executive at Just.

Dementia leaves retirees vulnerable

The World Health Organisation recognises dementia as a public health priority that is on the increase with no cure currently in sight. A degenerative condition affecting the brain, dementia primarily affects the elderly, resulting in memory loss, impaired communication skills and an inability to make simple decisions. The increase in dementia highlights the need to […]

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Living annuity drawdown rate remains stable at 6.6%

Living annuity policyholders managed to keep the average drawdown rate practically unchanged at around 6.6% for two years running, despite a steep rise in the cost of living in South Africa over this time. The 2017 Living Annuities Survey compiled by the Association for Savings and Investment South Africa (ASISA) shows that living annuity policyholders […]

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Worried about retirement? Keep these 5 important habits in mind

Amidst all the uncertainty created by trade wars, Brexit negotiations, noise around possible land claims and the fallout from President Trump’s recent Twitter outburst – planning for a comfortable retirement can be scary for investors. However, making impulsive investment decisions based on these current events could have a negative effect on retirement savings. (more…)

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How the Fourth Industrial Revolution can make yours a happier family

Retirement is the most certain risk we face – and most people find it hard to mitigate. The Fourth Industrial Revolution has some solutions, beginning with helping you to understand your retirement status, says Alex Cook, CEO, GCI Wealth. (more…)

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Why women need to save more for retirement than men do

By Fran Troskie, Investment Research Analyst, RisCura. Women, on average, live five years longer than men. This means their retirement savings need to last them – on average – five years longer. It’s an important message that doesn’t seem to have hit home yet: women need to save more for retirement than men do. And, […]

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Katherine Barker, Head of Momentum FundsAtWork

Women need to plan better for their financial future

Busy South African women juggling a myriad of responsibilities often fail to prioritise planning for their financial future. Katherine Barker, Head of Momentum FundsAtWork, says women face different financial risks to men and need to take ownership of their financial future. The right umbrella fund offers female members the flexibility they need to address their […]

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