Two pots: resist the urge to access your RA savings unnecessarily
Every R1 withdrawn prematurely from retirement savings could incur a future loss of up to R30 at retirement.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreEvery R1 withdrawn prematurely from retirement savings could incur a future loss of up to R30 at retirement.
The Advertising Regulatory Board questions the relevance of a hypothetical model published by National Treasury 11 years ago.
The existence of the RA funds demonstrates that the husband was able to pay the arrear maintenance, judge says.
Investors can maximise their tax benefits by contributing extra funds to their retirement annuities before the tax year ends.
The pension or provident fund is likely to have additional risk benefits that may change significantly when you leave your current company.