Retirement / Savings & Investments

South Africans only think about retirement saving later in life

Research by Liberty shows that many working South African's only start to think about saving for retirement once they are over the age of 40, and are therefore not benefitting from the tax advantages that will help them build a substantial nest egg of money for their retirement.

SA can overcome poor savings habits with new ways to invest

How to not be a ‘financial nihilist’

According to an article recently published in The New York Times, there is a new phenomenon gaining momentum: Disillusioned by the current state of the upside-down world, so-called financial nihilists – or those who believe there is no point in investing for tomorrow – are growing in number.

Saving in a rising interest rate environment

The South African Reserve Bank recently announced an interest rate increase of 50 basis points to 4.75% – taking the prime lending rate to 8.25% – thereby confirming that the country is in a rising interest rate cycle.