A period of illness, disability, or job loss can significantly disrupt savings, making risk planning essential. In particular, single pre-retirees need adequate income protection and/or lump-sum disability cover, keeping in mind that they do not...
A parent’s obligation to maintain their minor children does not end with their death – meaning that if a parent’s Will fails to make adequate provision for a dependent child, that child (through their guardian) can lodge a claim for
Your post-retirement income may come from several streams: living annuities, pension or provident fund drawdowns, rental income, interest, dividends, and perhaps part-time work. List each source, noting whether it is fixed or variable, and the expected start dates – keeping
A crucial factor to consider is the comprehensiveness of the illnesses covered by the policy. All dread disease policies are not created equal; some cover a limited set of illnesses, while others are more comprehensive, covering a wide range of
Few things are as distressing for grieving families as dealing with an estate where the deceased left no valid will. Without one, your estate will be distributed according to the formula set out in the Intestate Succession Act 81 of
Too many people begin their wealth-building journey by focusing solely on investments, overlooking the foundational role of risk protection. But, insurance – while rarely exciting – is the cornerstone of financial resilience.
Retirement used to come with a built-in safety net — the reassurance that one’s children lived close enough to step in when needed. Today, for many older South Africans, that net has stretched across oceans. With spouses deceased or in
Selecting retirement accommodation involves more than just downscaling. Factors such as proximity to medical facilities, social engagement, personal security, and assisted living facilities all need to be considered. It’s also important to appreciate that maintaining your own home at age
When you articulate what you want most—whether it’s financial independence, early retirement, funding your children’s education, or leaving a legacy—you create a benchmark against which all spending decisions can be measured.
