by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Retirement, Tax
145 – CONSIDERING THE TAX AND RISK IMPLICATIONS OF A RETIREMENT PLAN Question My wife and I are now nearly 80 years old. We have just over R6 000 000 invested in Bonds with 5-year terms. We have a combined monthly income from those investments of just less than...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
146 – THINKING CAREFULLY ABOUT RETIREMENT PRODUCTS Question Many companies are currently promoting retirement annuities. I understand that there are tax benefits to be had from this product however I have also heard some horror stories about how badly they have...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Life Cover
147 – ENSURING YOUR SPECIAL NEEDS CHILD IS TAKEN CARE OF AFTER YOU DIE Question I have a special needs child who needs permanent care. I am concerned about what will happen to him when my wife and I pass away. What should we do now to ensure that he has...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Retirement, Tax
148 – HOW TO PAY LESS TAX ON YOUR RETIREMENT INCOME Question I recently read an article of yours where you discussed the importance of managing the sources of your retirement income to reduce the tax that you pay. I have R9m in retirement savings and a similar...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
149 – MAKING THE MOST OUT OF YOUR TAX-FREE INVESTMENT Question Are tax free investments worthwhile? Answer I do a lot of financial planning for people approaching retirement who have investments that they made many years ago. When they want to withdraw the...
