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...
by adminfwc | Apr 1, 2025 | Financial Planning, Investment, Retirement, Tax
200 – Choose wisely and set yourself up for the future Question My mother recently passed away and I will be inheriting a living annuity that pays her an income of R20 000 a month and is worth R5m. I have been given the option of taking the R5 million as a lump...
by adminfwc | Apr 1, 2025 | Financial Planning, Investment, Retirement, Tax
199 – Timing the markets versus time in the market 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...
by adminfwc | Apr 1, 2025 | Financial Planning, Investment, Retirement, Retrenchment
198 – Securing a steady income after early retirement Question Our company is closing down, and I’ve been put on early retirement. I am 60 years old and have R5m in my provident fund and R3m in savings which includes the severance package. I am concerned...
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...
