Retirement

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Preserving wealth across generations

28 January 2019 | Savings & Investments

In fact, this aversion to the loss of money is so significant it has become the subject of a substantial number of studies. The “pain” that is felt when people lose money is stronger than the “joy” of a gain. And it is even more pronounced when a person has worked hard to build their capital base, often through diligent behaviour and determination, over many years – possibly even a lifetime.

What you need to know about retirement saving

25 January 2019 | General

Retirement funds offer tax-free growth and tax-deductible contributions, making them the most efficient way to save for retirement and ensure you can retire financially secure. These include pension funds, provident funds and retirement annuities (RAs).

A generation of unwilling pensioners

22 January 2019 | General

A somewhat grey and gloomy reality faces most of us as future-retirees in South Africa. High fees, declining returns, and insufficient contribution and saving rates are frequent topics of discussion. As a generation of baby boomers reaches retirement, there’s another important question that’s been getting more attention globally: What is the right age to retire? Should SA’s aging workforce be working – and contributing – for longer?

Biking to retirement: how cycling connects to better long-term investing

18 January 2019 | General

As a recreational cyclist, I regard cycling as one of the most enjoyable and effective ways to get around. But while some cycling is for recreation, other times it can be about incremental goal setting. Every hill, every valley or every time challenge is within reach, if you are willing to do the necessary conditioning or preparation, which is a precondition for success. This makes for a ready comparison to the investment and retirement industry. Start with small achievable targets and learn to ride the ‘investment bike’ over many years, long before retirement. The more you ride, or the earlier you begin, the better you’ll become and the less frequently you will fall, crash or get hurt.

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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