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 | 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 | 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 19, 2024 | Medical
9 – How to choose a medical aid Question I was retrenched last month and need to join a medical aid. I had a look at a couple of websites and am very confused. What should I look out for when choosing a medical aid? Answer Medical aids can seem complex, but they...
by adminfwc | Nov 19, 2024 | Medical
18 – How to protect your finances from the consequences of a serious illness Question I’ve heard that critical illness cover is important. I’ve done some internet research into it and have become very confused. Prices and benefits seem to vary immensely. What...
by adminfwc | Nov 19, 2024 | Medical
37 – Medical aid options for a pensioner 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 I can do to reduce...
