by adminfwc | Jan 31, 2025 | Financial Planning, Investment, Offshore, Retirement
191 – To beat inflation, retirees need a mix of safe and volatile portfolios Question I recently turned 65 and besides my pension, I have R3m invested in various funds, some of which are overseas. When does one start moving money into totally safe funds like...
by adminfwc | Jan 31, 2025 | Financial Planning, Investment, Life Cover
190 – Finance basics: budget, emergency fund and debt Question I would like to get my finances in order this year. What is the best way of going about it? Answer I recommend following a systematic approach towards managing your finances and would suggest that...
by adminfwc | Dec 2, 2024 | Financial Planning, Investment, Tax
188 – Finding the right annuity for you takes thought Question I recently heard someone talking about a with profit annuity. I only know about living annuities and guaranteed life annuities. How does a with-profit annuity fit into the picture? Answer A with-profit...
by adminfwc | Dec 2, 2024 | Financial Planning, Investment, Retrenchment, Uncategorized
187 – What to do if you get retrenched Question I have just been retrenched and I’m feeling quite overwhelmed by all the decisions that I need to make. Do you have any suggestions on what the big pitfalls are and how to avoid them. Answer Getting retrenched is...
by adminfwc | Dec 2, 2024 | Financial Planning, Life Cover, Medical
186 – Making the most of a medical aid on a budget Question I would like to join a medical aid after not being on one for the past two years. I’m 39 with a young child and can only pay around R3 500 a month. I’m looking for the following: comprehensive hospital cover...
by adminfwc | Dec 2, 2024 | Business, Financial Planning, Investment
185 – To quell chaos, your business needs its own will Question I recently heard someone talking about a will for a business. How does this work? Answer A will for a business documents what should happen to your interest in a business should you pass away. This is...
