Are you drawing too much from your living annuity?
What you’re looking for is a fine balance between growing your savings even while withdrawing from this pot.
What you’re looking for is a fine balance between growing your savings even while withdrawing from this pot.
It is a simple equation: what you will be spending in your retirement dictates what the total amount is that you will need to save towards.
Three finance experts join BizNews to discuss the key differences between a retirement annuity and a living annuity.
Divorce is stressful with many legal issues to consider and how finances are to be separated should not be neglected and not be approached emotionally.
Regulation 28 basically forces fund managers of your retirement fund to invest the bulk of your funds into a very poorly performing market.
When reaching retirement, members of retirement funds will be faced with the choice of purchasing either a guaranteed annuity or a living annuity.
Steven Nathan, founder and CEO of 10X Investments, says most people choose a living rather than a guaranteed annuity. It’s the lesser of the two evils.
One of the classic dilemmas people who have retired abroad face is how to structure and manage their living annuities back home in South Africa. You cannot externalise a living annuity unless it is below a certain value.
To celebrate the 10th anniversary of its High Equity Fund, 10X Investments is offering existing and new customers 10 fee-free months on a variety of new investments started in January.