by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Life Cover, Medical
141 – Finding the sweet spot when choosing a medical aid Question I received an email from my medical aid instructing me to choose the benefit option I want for the new year. I have no idea what I should look out for. Do I just choose the most expensive one...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
142 – Planning to ease finances for your loved ones upon your death Question I recently watched a television program about how long it is taking the master’s office to finalize estates. I would like to restructure my affairs so that it will be easy for my wife...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Life Cover, Medical
143 – GETTING TO GRIPS WITH LIFE INSURANCE PREMIUMS Question I recently applied for some life insurance and received a quotation with three different premiums included. My broker suggested I take the highest premium (obviously), while I preferred the lowest...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
144 – BEING SAVVY WHEN CHOOSING PORTFOLIOS CAN IMPROVE YOUR PENSION 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...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Retirement, Tax
145 – CONSIDERING THE TAX AND RISK IMPLICATIONS OF A RETIREMENT PLAN Question My wife and I are now nearly 80 years old. We have just over R6 000 000 invested in Bonds with 5-year terms. We have a combined monthly income from those investments of just less than...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
146 – THINKING CAREFULLY ABOUT RETIREMENT PRODUCTS Question Many companies are currently promoting retirement annuities. I understand that there are tax benefits to be had from this product however I have also heard some horror stories about how badly they have...
