The Mercer Institute’s global pensions report recently looked at 47 pension systems across the world, to see how the recent bout of worldwide chaos has affected retirement.
More and more of us are feeling like we’re living a champagne life on a beer salary – even if that means we’re still settling for beer – which means it’s time to budget big time.
For those who are invested in a retirement annuity (RA), understanding the implications of emigration is as crucial as deciding whether to take your in-laws.
This report reveals how much money individuals require in order to be among the top 1% of the wealthiest in their countries.
Let it also be noted that the 2023 school fees don’t include all the extra costs for parents with kids at private schools.
Even the most meticulous planning can throw retirement plans into disarray, especially with the extreme market volatility and uncertainty of late.
For those who prefer a prudent approach to exiting the working world, determining your “financial freedom number” may be of interest.
How and when you retire depends on how well you’ve prepared in the years leading up to it, and South Africa has one of the worst savings rates in the world.
When it comes to investing, and investing wisely, the informed will tell you that it’s a long game.
Best-case scenario, your kid gets a full scholarship because they’re a prodigy. For the rest, it’s going to be a pricey ride.
Go ahead and tick off life advice and guidance and impart a strong sense of right and wrong and all that. At the same time, it’s worth passing on a few financial words of wisdom as well.
It never hurts to know exactly where you’re at fitness-wise while earning those sacred Vitality points at the same time.
Tick a few of these boxes and you may seriously jeopardise your retirement planning.
When it comes to the ‘Rule of 72’ compound interest is king.
As tough as stashing away a little money each month can be, failing to do so is really just kicking the can down the road.
Climbing the financial ladder to the very top often requires shrewd investment and a little bit of help.
Whenever I look at the cost of school fees these days I shudder. As bad as they are now, they’ll be much, much worse when your toddler makes it to high school.
Trying to save money can be a daunting prospect. The hardest part is actually getting the ball rolling because once you see your savings start stacking up it can become a little addictive.
Planning for your future isn’t something you do on a nudge or a whim, which is where the financial experts come in.
We often fall back on the same old myths, commonplace assumptions, and excuses to avoid taking responsibility for our finances.
Not all investments are created equal, and understanding the rule of 72 should help make informed decisions about which suits your needs.
These financial planning basics are aimed at encouraging saving during a time in which many are feeling the strain.
It’s not easy to put money away when you’re just about scraping by, and counting the hours until payday. However, we do have a serious problem on our hands.
With more and more South Africans looking to invest offshore, it’s about time you knew the difference between your SDA and your FIA.
If you want to retire in relative comfort, here are three ‘guesstimates’ to work out how much you will need to have tucked away.
This simple three-step breakdown of how to budget for the month is a game-changer if you’re terrible at saving money.
You might want to give this a read before you start planning your retirement on the beaches of another continent.
Here’s how to keep on track with growing your wealth when your finances don’t look that different from what you were working with last year.
As a new year approaches, consider this a reminder that starting 2021 with your finances in order is a great way to kick things off.
One of the things that can make financial planning daunting is realising that there’s so much more to take into account than just saving.