Tag: living annuity
Building wealth – your plan to achieve financial freedom
No matter how much you love your job, financial freedom should be your ultimate goal. For those unfamiliar with the term, financial freedom can best be understood as a state where individuals or households have enough financial resources to cover their living expenses without having to depend on work to maintain their standard of living.
REPORT | Retirees lose the most as the ‘behaviour tax’ bites
Although past performance is not a good indication of future returns, it seems to remain one of the main determinants of investment switching behaviour and consequently the dreaded ‘behaviour tax’. This behaviour tax is calculated as the performance sacrificed after switching between one unit trust and another.
Make financial goals a resolution to stick to in 2023
New year, new dreams, new aspirations, new diets, new action plans, new holiday ideas, new jobs, and typically, also a "new you." We can all relate to the "new year, new you" tagline. A fresh start to get our lives back on track and to live the lives we want to live.
Retirement investments are losing value due to bad behaviour
Rising costs of living and high levels of unemployment in an unpredictable economic landscape have turned traditional financial aspirations on their head as people desperately scramble to overcome short-term challenges at the cost of long-term investments.
Saving for retirement – the emotional toll of choice
The start of every new year brings many aspects of our lives into focus, including health, wealth, work, family and emotional wellbeing. It’s a good time to re-evaluate your quality of life and question the changes you need to make in order to improve it.
Further tax measures to combat the COVID-19 pandemic
In an address presented by President Cyril Ramaphosa on 21 April 2020, he noted that Government has recognised the significant negative repercussions that the national lockdown is having on our economy, both to businesses and to households across the country. The address also highlighted further tax measures to be implemented as additional relief measures.
Annuity choices in retirement
As you approach retirement, one needs to decide the age you would like to retire at. More importantly, whether you can in fact retire with the available funds you have and if the income you will receive will sustain you for the rest of your life.
