Our investment goals depend on our personal priorities in life and there is no generic set of goals that apply to everyone, and no set timeline for achieving them. Even though certain goals may be similar in nature, we all have different timelines, risk profiles and personal circumstances, and our portfolios need to be constructed […]
Are your investment goals, products and expectations suitably aligned? Read More »
A giant ship engine failed. The ship’s owners tried one expert after another, but none of them could figure but how to fix the engine. Then they brought in an old man who had been fixing ships since he was young. He carried a large bag of tools with him, and when he arrived, he
Newly released statistics from the Old Mutual Savings and Investment Monitor reveal that education is one of the first places that household budgets are cut in times of economic pressure. At roughly nine percent, the cost of education in South Africa is rising faster than the country’s inflation rate, leaving those who are not adequately
A set of triplets decide to start their retirement planning at different ages in their life, all three of their Retirement Annuities have an annual contribution increase of 12% and make 12% growth per annum until retirement age: Harry starts at age 19 with a R350 per month RA, and he can retire at age
The cost of delaying your retirement Read More »
Due to regulatory changes, the current tax year ending in February 2015 is the last year in which there is no rand limit regarding tax-deductible contributions towards RAs, provided it falls within the 15% limit as described underneath. Currently, clients are allowed to contribute 15% of their non-retirement funding income to a retirement annuity, and
Maximise your tax advantage Read More »
