by adminfwc | Nov 19, 2024 | Retrenchment
25 – Two things to consider if you get retrenched Question I have just been retrenched and have received some documents from my employer. They talk about in-fund preservation and a continuation option on risk benefits. Answer It is difficult to give you an...
by adminfwc | Nov 19, 2024 | Retirement
26 – 3 Pension options you should consider when you retire Question You recently proposed a solution to improve a pensioner’s cash flow that involved a living annuity, a life annuity and a discretionary income plan. Can you please explain the differences between...
by adminfwc | Nov 19, 2024 | Estate Planning
27 – How to save on executor fees Question I recently went through an estate planning exercise with my financial adviser in which we looked at the capital gains tax, estate duty and executor fees that would be paid should I die soon. The one number that really...
by adminfwc | Nov 19, 2024 | Estate Planning, Investment
28 – Bitcoin Question A number of my friends have made a lot of money by investing in Bitcoin. Should I invest in it? Answer If you invested R100,000 in Bitcoin a year ago, it would be worth more than R500,000. Go to any social gathering and you’ll hear people,...
by adminfwc | Nov 19, 2024 | Investment
29 – Do you pay off debt or invest? Question I retired three years ago, with half my income coming from my company pension fund and the other half from interest from investments. I am paying tax at a rate of 41%. Is there anything that I can do to reduce this...
