by adminfwc | Jun 2, 2025 | Financial Planning, Investment, Retirement, Tax
No. 208 – How to work out your retirement savings number Question My friends tell me that I need R30 million in order to retire. My savings are nowhere near that. Am I in trouble? Answer The amount of money that you need in order to retire will depend on how...
by adminfwc | Jun 2, 2025 | Financial Planning, Investment, Life Cover, Retirement
No. 207 – Protect your finances with critical illness cover Question I’ve recently joined a company where there are no employee benefits, so we need to make our own arrangements. At my old company, I had critical illness cover of one times my annual...
by adminfwc | Jun 2, 2025 | Financial Planning, Investment, Retirement, Tax
No. 205 – Before you hedge, make sure you have the edge Question My son says that we should be investing in hedge funds as it will reduce the amount of risk in our investment portfolio. I’m a bit worried about this as I have seen stories where people have...
by adminfwc | May 5, 2025 | Estate Planning, Financial Planning, Investment, Tax
204 – How to provide fast access to funds after death Question I want to invest some money that can do the following: I want my spouse to have quick access to the funds should I pass away – I do not want her to wait till the estate has been finalised I do...
by adminfwc | May 5, 2025 | Business, Financial Planning, Investment, Retirement
203 – Options to make a higher salary and a loss of benefits work for you Question I am moving to a new company where the salary will be higher but there are no company benefits like a pension fund or medical aid. I am not sure what I should do with my current...
by adminfwc | May 5, 2025 | Estate Planning, Financial Planning, Investment, Retirement
201 – Inheritance should last and be inflation-proof Question My mother (75) inherited R5-million after the death of my father. The money is currently in the bank and she’s using this to fund her day to day living expenses which come to around R20 000 a...
