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Annuity types

Five common mistakes to avoid when planning your retirement

Our experience has seen retirees make the same errors time and time again when it comes to important decisions about retirement income. There are five common mistakes that you should try to avoid.


Guaranteed annuities and inflation - what is the impact?

It is important to understand different life annuity options available when you retire so you can protect yourself from rising inflation and reduced purchasing power, and most importantly increase the propensity to cover your essential expenses throughout retirement.


What is an annuity?

Around the world, annuities are commonly used as a way to fund retirement. Yet the term “annuity” is often misunderstood. An annuity is a financial services product that provides a future regular income stream in exchange for an initial fixed contribution.


The key differences between a living annuity and a life annuity

Many financial service providers offer a host of life, living and hybrid annuity products. It may be difficult to know which annuity product gives you the best possible retirement income that is suited to your individual circumstances.


Annuity innovation no oxymoron

While no annuity products score full marks on their ability to address every retirement risk and need effectively, by comparing them we can see how annuity innovation has yielded products that suit a range of circumstances and risk appetite. 

This article appeared in Money Marketing, FA News and EBNet


Choosing an annuity for retirement – which one is ‘just right’?

Although Goldilocks was presumably quite a way from retirement age, her story does highlight that a one-size-fits-all solution in most circumstances is an exception. This is especially true when it comes to finding a retirement product. You should look for a solution (or a combination of solutions) that is ‘just right’ for your personal circumstances.

This article was first published on TAKE CHARGE OF YOUR MONEY


Careful tax planning can help you stretch retirement savings

Soon-to-be-retirees have many options to consider to ensure their retirement and discretionary savings work best for them in retirement. If you have diligently saved for retirement, you don’t pay income tax on contributions paid into a retirement fund or retirement annuity, nor on the investment build up within these retirement vehicles. But when you retire and start taking the money out, it will be taxed as income. This article also appeared in BUSINESS TECH.


Five things you may not know about life annuities

Despite the perception that life annuities are complex retirement products, they present a practical solution to protect against investment market volatility and increased longevity. This article looks to answer some of the questions retirees still have about life annuities. This article was published on IOL PERSONAL FINANCE


COVID-19 has led to increased risk aversion among retirees

People are still concerned about the risk that they will live longer than they have anticipated and outlast their savings, says a MONEYWEB article featuring insights from Just SA CEO Deane Moore. 

The article covers content shared at the recent 50plus-skills webinar on mental, physical and nutritional health for the 50+ community, proudly sponsored by Just SA. We also shared some results from our 2020 Just Retirement Insights, together with some practical steps to take to secure at least a portion of your retirement income.


With-profit life annuity increases comfortable beat inflation

MONEY MARKETING focused on the benefits of a with-profit annuity in their February digital magazine (page 28). Since its launch in 2015, Just has focused on enhancing the features, transparency and performance of with-profit annuities in South Africa for the benefit of pensioners and advisers. With-profit life annuities offer retirees an income for life, which will never reduce regardless of what happens to investment markets or how long a retiree lives.


The case for replacing some bonds with annuities

According to the WALL STREET JOURNAL, if you want to maximise how much you can safely spend in retirement, some economists say, sell some of your bonds and buy lifetime income annuities. [Subscription required]


With-profit annuities ­– a ‘just’ choice for many retirees

Research shows that one of the most important needs in retirement is to generate an income to cover expenses for life. Consider a solution that mitigates the risk of running out of money much earlier than planned. This article was published in the You’ve Earned It/YEI - the website for South African over-60s.