by adminfwc | Nov 19, 2024 | Investment, Retirement
11 – How not to run out of money when you have a living annuity Question I am a 69-year-old widow living off a living annuity. I draw a fixed amount from the living annuity each month. I have just received my annual document from the insurance company, and it...
by adminfwc | Nov 19, 2024 | Business, Retirement
21. How to set up a pensions scheme for a small business without any schlep Question I own a small business and am concerned that a number of my older employees have not made any provision for their retirement. I would like to assist them in this regard. I want to...
by adminfwc | Nov 19, 2024 | Business, Estate Planning, Investment, Retirement, Tax
22 – How to reduce estate duty and executor fees Question I discovered that my parents do not have a will and have done no estate planning. My father says that he does not have enough assets to have to pay estate duty. Is he doing the right thing? Answer If you...
by adminfwc | Nov 19, 2024 | Retirement
26 – 3 Pension options you should consider when you retire Question You recently proposed a solution to improve a pensioner’s cash flow that involved a living annuity, a life annuity and a discretionary income plan. Can you please explain the differences between...
by adminfwc | Nov 19, 2024 | Retirement
32 – What you should do with your pension fund if you emigrate Question My family is in the process of emigrating to the UK. I am 50 years old and currently have R3-million in my company pension fund. I do not need this money just yet because I made a decent...
by adminfwc | Nov 19, 2024 | Investment, Retirement
35 – What living longer means for your financial planning 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...
