The festive part of the year is just around the corner, and an end of year holiday is often a time to spend with family and loved ones. If you are approaching retirement, consider using this time to connect and discuss your future retirement plans with them.
News and Views
You can’t pour from an empty cup
This is the fifth article in a series on planning for retirement, which looks at late retirement and the often opposing goals of having a lasting income and leaving a legacy. Our first article looked at pre-retirement planning considerations, the second looked at navigating the transition phase of retirement, and the third explored the active or ‘go-go’ phase. In the fourth article, we looked at the passive phase of retirement.
Plan for the challenges of dementia before it's too late
World Alzheimer's Day on 21 September marks a good opportunity to think about the future and how to plan for the potential challenges of Alzheimer’s in retirement while you, or your loved ones, still can.
Minimising the 'luck' factor in the passive phase of retirement
The fourth article in a series on planning for retirement, looks at the passive phase of retirement and making sure your retirement funding goes the distance. Our first article looked at pre-retirement planning considerations, the second looked at navigating the transition phase of retirement, and the third explored the active phase.
Helping your clients understand the impact of different drawdown rates
When faced with the decision to convert hard-earned retirement funds into a reliable income in retirement, many are still unsure if it will be enough to last and rely heavily on their financial advisers to help them.
A new white paper on living annuities and the impact of drawdown rates, based on a study of 20 000 anonymous living annuitants, has been published by retirement income specialist Just SA.
Prioritise retirement over leaving an inheritance
Providing enough resources for your children while, at the same time, taking care of your own financial future can be a difficult balancing act. And while many parents would like to leave an inheritance, this might not always be feasible, especially during uncertain economic times where finances are stretched.
Don't bank on wishful thinking: Practical solutions for a secure retirement
Retirement is a time that many people may look forward to, envisioning a golden phase of life filled with relaxation, pursuing hobbies, and spending quality time with friends and family. However, wishful thinking about affording retirement can create significant challenges down the line.
This article appears in IOL Personal Finance
The active phase of retirement - allow for a little more income
Our third article in a Business Report series on planning for retirement, we explore the active phase, which is where you’ve started to spend your retirement income. Our first article looked at pre-retirement planning considerations, while the second looked at navigating the transition phase of retirement.
Navigating the transition phase of retirement in South Africa
This is the second article in a Business Report series on planning for retirement, focusing on the different phases of the journey. Our first article looked at pre-retirement planning considerations. Next, we explore the transition phase. Future articles cover the active phase, the passive phase, and the late retirement phase.
Eliminating the role of luck in retirement planning
Secular market trends in particular, can set retirees up for a happy retirement with enough money to last a lifetime, or an unhappy retirement where their portfolio is depleted prematurely.
This article featured on Moneyweb.
Securing your future: Pre-retirement planning considerations
This is the first article in a Business Report series on planning for retirement, focusing on the different phases of the journey. Over the course of the series, we will also look at the transition phase, the active phase, the passive phase and the late retirement phase.
Just SA appoints Prof Prieur du Plessis as Board Chairperson
Just SA is pleased to announce the appointment of Prof Prieur du Plessis as its new Board Chairman, effective from April 2023. Prof du Plessis succeeds Peter Doyle.
The underlying simplicity, not the complexity, of an annuity
Many advisers and their clients are recognising that guaranteed life annuities can play a significant role in retirement planning.
The financial services industry and its offerings can seem complex and difficult to understand. And over the years, regulations have changed, and an increasing number of products and services have been added to the mix. This is why the role of a financial adviser is paramount, especially at retirement.
This article was first published in FA News Magazine (page 93)
Why guaranteed annuities should be part of your post-retirement plan in a high-inflation environment
Understanding the different product options available when you retire is vital to protect yourself from rising inflation and reduced purchasing power. At the very least, you should try secure an income to at least cover your essential expenses.
This article discusses the impact of inflation on retirement income and how you can incorporate a guaranteed annuity into your plan to help you achieve a secure financial future.