Retirement Planning

Planning retirement is not only about saving. You need to consider all factors taking place when you retire, Some factors to consider are life style changes, health changes, budget constrains, paying of debt, buying your last car ect. Therefore you need a structured retirement plan with the correct product and strategy in place.

We specialize in retirement planning. Before and after you have retired. Retirement can start at any time of your life but keep in mind retirement from a retirement annuity (RA) can start from age 55. It can be full retirement or proportionate retirement. (That means you do not need to retire or withdraw all your fund at once, It happens at stages)

Because only 6-10% of the South African population can retire with sufficient income at retirement we encourage you to start a retirement annuity or pension as young as possible.

We offer a free initial planning meeting with you, to start your retirement journey with us, just contact us for an appointment.

Calculator how much you need to save to retire for free here..

or

Apply to start your investment

Retirement should be the best time of your life.

There should be no financial worries

One should travel the world

It’s a dream that should become true

The savings you make towards your retirement is guaranteed worth it. But start early.

See how valuable a saving of R100 per month is toward retirement goal

The Benefits of using a Retirement Annuity to save for your Retirement

Premiums can be deducted from tax. (For every R1 you contribute you get a amount equal to your tax rate back from SARS)

Funds are excluded from any creditors claim. Giving you solvency.

At death, the fund value is not included in your estate duty calculation.

By having more than one retirement annuity give you more diversification and options of products you can retire from at different ages.

The Maximum contribution per year for tax deduction purposes is R350 000. Contributions there after is not deductible but have a tax advantage at retirement.

You can have excess to funds from age 55. Depending on the value, you can make a full withdrawal or invest as follows.

1/3 of it you can get as lump some – tax applicable for amount over first R 500 000

2/3 off it must be invested in a Living or Life Annuity. More about living annuities.

How do we assist you in reaching your retirement goals

When you apply for a retirement annuity from us. We do minimum 5 quotes at different investment houses.

We compare the costs and estimated end values for you, and you can choose the preferred option, to continue with.

We assist you in signing up at the investment house and from there on we monitor the growth and advice accordingly on regular basis.

Our services includes updating your insurance portfolio and financial plans on a yearly basis, or your preferred basis.

Calculate the tax I will pay on lump sums when I retire or withdraw funds before retirement

What do I do with my Pension and Provident fund when changing employers – Preservation funds

I am going into Retirement – what happens next

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