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When you’re ready to retire, one of the biggest decisions you’ll face is choosing an annuity to provide you with a regular income in retirement. Considering the unpredictability of investment markets, increased longevity and a crowded retirement product market, it’s not an easy choice. Yet the stakes are high and the consequences far-reaching.
Financial adviser from Momentum, Janine Horn, provides some perspective on how South Africans should approach debt, emergency savings and retirement.
Retirees who primarily rely on their living annuity investments to provide them with a steady stream of income are often haunted by the question: How do I make my income last throughout retirement?
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?