retirement planning
The financial and emotional complexities of modern-day blended and extended families can be exacerbated by ineffective estate planning and lack of communication. In many instances, the legacy that loved ones are expecting and what is actually bequeathed in terms of
Retirement planning is a comprehensive process that addresses the financial, logistical, emotional, social, and psychological aspects of your retirement. Start planning at least five years before your intended retirement date to work with your financial planner on strategies to ease
While developing a strategy for your discretionary investments, keep in mind that your emergency funding forms a critical component of your portfolio. There is no one-size-fits-all when it comes to setting up an emergency fund, so be sure to take
According to the South African Journal of Psychiatry, the prevalence of dementia is approximately 5% to 7% of the elderly population, starting at around 1% for those aged 60. Thereafter, the prevalence doubles every 5.1 years, rising to between 30%
As a married couple, you will want to ensure that you are both adequately provided for in the event of death or disability, so take time beforehand to put the appropriate level of cover in place. If you or your
Choosing the right medical scheme in South Africa can be challenging due to the wide range of options available. For network medical aid plans, an adult dependant might pay between R1,100 and R3,500 per month. Mid-range plans with good hospital
Depending on the nature of their retirement income, the death of the first spouse may impact their retirement income and it is important to understand what the surviving spouse would receive in terms of income going forward. It’s also important
If you have been awarded capital as part of your divorce settlement, you’ll likely want to take steps to protect and grow this capital. If you’re awarded a portion of your spouse’s pension interest, you have the option to withdraw
Our law recognises that the mental capacity of the patient may differ from day to day depending on the diagnosis and that the administrator’s function should be proportionate to the patient’s mental health status, keeping in mind that the patient’s
Your proximity to children, grandchildren and family, bearing in mind that if you do not intend to live close to your loved ones you will need to build travel costs into your post-retirement budget.
