by adminfwc | Nov 20, 2024 | Financial Planning, Life Cover, Retirement
122 – How utilising a living annuity can maximise the financial health of your heirs 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%....
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Retirement
126 – Exploring property investment and alternative income streams post-retirement Question I will be retiring soon and have an additional R2,000,000 to invest. A friend suggested that I buy a rental property with this money as it will give me a monthly income...
by adminfwc | Nov 20, 2024 | Investment, Life Cover, Retirement
129 – How to set yourself up for retirement, even if you start a bit late 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...
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 | Estate Planning, Financial Planning, Investment, Retirement
138 – Helping you choose the right annuities to fit your needs Question I will be retiring at the end of the year and need to decide on what type of annuity I take. Here are the key details: I have around R4 million available after I take my lump sum. My wife...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Retirement
139 – Beware possibility of exhausting the funds from a living annuity Question I am 81 years old and have a living annuity worth R2.1 million from which I am currently drawing a pension of 15%. I have just received a notice from the company that pays the...
