by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
159 – ENSURING ALL IS IN ORDER FOR WHEN YOU’RE NO LONGER AROUND Question My wife and I are in our mid-80s. I am not in very good health, and I would like to leave my affairs in the best possible order should I die before my wife. Our house is in my name...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Retirement, Tax
161 – UPFRONT FEES PLUS COSTS MAKE FOR A BAD INVESTMENT Question I recently joined a company that has a group retirement annuity scheme. We all have our own retirement annuities, and the company pays the premiums with half of it coming off our income as a salary...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
162 – HOW TO PROTECT YOUR INVESTMENTS FROM THE VOLATILE RAND Question I have R3 million in retirement savings and am looking for an income of R25 000 a month. Should I pass away, I would like my wife to receive the same pension that I received. I would also...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Offshore, Tax
163 – BEWARE OF THE TAX IMPLICATIONS OF LIVING OVERSEAS Question I have R3 million in retirement savings and am looking for an income of R25 000 a month. Should I pass away, I would like my wife to receive the same pension that I received. I would also like...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
166 – SAFEGUARDING YOUR FAMILY’S FINANCIAL WELLNESS Question I have some questions about Life Annuities – the answer to which would probably be very helpful to other people considering the same decisions. Is it better to take a Life Annuity with a...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
170 – OPTIONS FOR GENERATING INCOME FOR A LUMP SUM Question We recently sold a flat which we used as an investment property as we found the hassle of maintenance and dealing with tenants was becoming a bit much (I am 70 and my husband is 75). We have R2.4m to...
