Retirement

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How much do you need to retire comfortably?

13 August 2021 | General

I know I have mentioned this a few times over the course of the last year, but these are very strange times we find ourselves in. The COVID-19 pandemic hasn’t just played havoc with many investors’ finances, but many of them have been forced to withdraw from their retirement savings in, for example, the form of a preservation fund, just to survive.

National Treasury’s proposed two-bucket system

13 August 2021 | General

National Treasury released a media statement on 11 August, noting that government and other stakeholders are exploring a ‘two-bucket’ system to address retirement fund members’ conflicting needs for longer-term financial security and short-term financial relief:

Recreate Your Future, Rethink Retirement

12 August 2021 | General

Increased global longevity is giving us all more years of active health and possibly a longer retirement. According to the World Health Organisation (WHO), global life expectancy at birth has risen by six years. In South Africa, research from retirement income specialist Just SA shows that the average 60-year-old male will live to 82 and female a further five years.

Finding the ‘why’ behind your money and why you should save

11 August 2021 | Savings & Investments

Saving is an afterthought for the majority of South Africans – because, for many battling unemployment or the effects of the pandemic and struggling to make ends meet, it is simply out of reach.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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