by adminfwc | Feb 18, 2025 | Estate Planning, Financial Planning, Investment, Retirement
194 – How retirees can benefit from investing in retirement annuities Question I have a question about contributing to RAs to save tax when one is my age, that being almost 80. As we took the full lump sum when we retired, any one-third withdrawal on new RA...
by adminfwc | Feb 18, 2025 | Financial Planning, Investment, Retirement, Tax
193 – Ensuring a tax-savvy retirement income stream Question I am 72 and will shortly be retiring. I will receive an income of R10k a month which is sufficient for my living costs. My wife is 9 years younger than me and will work for 3 more years to 65. She...
by adminfwc | Feb 4, 2025 | Estate Planning, Financial Planning, Investment, Retirement
192 – Ensuring income security amid health concerns Question My husband is 82 and is not in the best of health. We are concerned that he may be showing early signs of dementia and we will be seeing a specialist next month. We currently live off the proceeds of...
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...
