by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Retirement, Tax
179 – How to decide between a retirement annuity and a tax-free investment Question I am 55 years old and was thinking of increasing my pension fund contribution at work to 15% from 10%. But having read your article, is it not a better idea to invest the 5% in a...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
180 – Reasons why the setting up of a will is crucial Question A lot of companies are offering free wills at the moment. What is the catch and is a will really necessary? Answer Take a look at who is offering the free wills and their motivation for doing so. It...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
181 – Buying an investment property? Here are some numbers to crunch Question I need some financial advice regarding an investment property. I intend selling my existing property for R2m. I will use R1m as a deposit on a new property and invest R1million in a 5...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
182 – Tax-savvy tips around estate duty and other fees Question I am an 80 year old widow and have R5m investment that will be maturing shortly. This provides me with an income of R33 000 a month on which I pay R5 000 in tax. As I also own a property, I am...
by adminfwc | Nov 19, 2024 | Financial Planning
8 – How to save Question I follow your column every week and am very interested in all the investment advice. However, my question is how does someone like me, who does not have a large sum of money to invest, go about accumulating a good nest egg for the long...
by adminfwc | Nov 19, 2024 | Financial Planning
12 – How to get out of debt Question During lockdown my salary was cut by 50%. I had some debt to begin with and this increased substantially. I am back on full pay now but am feeling stressed and not sure what I should do Do you have any suggestions on how to...
