by adminfwc | Nov 20, 2024 | Financial Planning, Medical, Retirement, Retrenchment
131 – Addressing the financial implication of retrenchment Question I was recently retrenched and have just received a communication from the company pension fund which says that they will allow me to preserve my retirement funds with them. Should I do so?...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
132 – Trying to time the markets with your investments is not optimal Question I have a fixed deposit that has just matured and I want to reinvest it. I don’t know where I should invest the money as I am very worried about what is going to happen in the...
by adminfwc | Nov 20, 2024 | Divorce, Estate Planning, Financial Planning, Investment
134 – Recalibrating your finances when going through a divorce 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...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Life Cover
135 – Being able to provide for your children should you and your partner pass away Question We have just had our first child and want to update our will. Are there any special issues should we look out for? Answer The first thing you should consider is what...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
137 – Spreading your wealth across various asset classes Question A lot of my friends have been talking about a potential financial crash in South Africa and that we should move all our assets offshore. I am scared that we may end up with a situation where all...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
138 – Helping you choose the right annuities to fit your needs Question I will be retiring at the end of the year and need to decide on what type of annuity I take. Here are the key details: I have around R4 million available after I take my lump sum. My wife...
