by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Life Cover, Tax
152 – UNDERSTANDING DEATH BENEFIT PAYOUTS AND THEIR TAX IMPLICATIONS Question My wife recently died and our daughter will be receiving a death benefit payout from her company provident fund. (This is in addition to the group life benefit she had.) We were told...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
153 – BEWARE FINANCIAL ADVICE THAT DOES NOT ADD VALUE Question I am 28 years old and met with an insurance broker who suggested that I make a regular monthly investment. He gave me a quote on an investment that targets a return of inflation plus 2.5%. When I...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
154 – CHOOSING BETWEEN TWO DIFFERENT ANNUITY OPTIONS Question I am a 70-year-old pensioner and derive my income from a living annuity (from which I draw 2.5% each year) as well as drawdowns from my investment portfolio. I am thinking about converting my living...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
155 – MAKING YOUR RETIREMENT INVESTMENTS WORK FOR YOU Question I am concerned about the safety and security of our investments in South Africa. We do not intend emigrating but would like to ensure that we protect our assets. Answer Your problem is not unique....
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
156 – HOW TO REDUCE THE RISK OF HAVING ALL YOUR INVESTMENTS IN SOUTH AFRICA Question I am concerned about the safety and security of our investments in South Africa. We do not intend emigrating but would like to ensure that we protect our assets. Answer South...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
158 – GETTING MORE BANG FOR YOUR BUCK WITH YOUR RETIREMENT MONIES Question I read with interest your recent article in the DM regarding retirement options. I retired 3 years ago and have the following retirement income sources: Invested Amount Monthly income...
