NEWSROOM

The “Two Bucket” Retirement Savings System: What is it and Why is it Important?

The government has said that it is going ahead with plans to introduce a ‘two bucket’ retirement savings system. The intention is to increase the amounts that South Africans are preserving.

But what does retirement preservation mean? And why it is something that the government is so concerned about that it feels it is necessary to change legislation?

In this article we explore the importance of preserving retirement savings, and why it has become such a necessary issue to address in South Africa. We also look at what the two-bucket system means in practical terms for investors

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Women’s Month: Three Ways You Can Improve Your Money Health

More and more people are becoming aware of the importance of financial wellbeing. Just like it’s necessary to look after your physical health, it is critical to be proactive about taking care of your financial health as well.

In Women’s Month, it’s worth considering why this is a particularly important topic for women. Often, they find it harder to take care of their financial wellbeing because of the different demands on their money and their time.

In this article we look at what makes financial wellbeing for women so important and examine three ways they can move towards a healthier relationship with their money.

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A Simple “50-15-5” Budget Hack for Women (and Men!)

Many people find budgeting a turn-off. They don’t want to keep track of every rand they spend. They find it limiting, and an administrative hassle.

For those women who already shoulder most of the responsibility for running a household, this can be particularly true. They don’t want to add anything extra to the long list of things they already need to take care of.

Having a simple approach to running a ‘spending plan’ rather than a strict budget can therefore be quite liberating for many people. Read on to discover a simple approach to getting this right.

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Is Your Business Good Retirement Capital?

If you’re an entrepreneur, you’re likely to be an optimistic risk taker and may believe that the proceeds from the sale of your business will suffice as retirement capital.

The harsh reality is that not all businesses have a happy ending.

Although drive, motivation and a propensity for risk are great for growing a business, they don’t always translate into sound retirement planning.

Diversifying your assets is a great way of insuring against the possible decline of your business, or the inability to sell it when you need to.

READ MORE

How Relevant Is The 4% Rule of Thumb These Days?

Generations of financial planners have advised their clients to use the 4% rule when planning retirement withdrawals. But is it still relevant today?

This article explains that, while the 4% rule can be a good way to think about how much you will need to save for retirement, it can never replace a proper financial plan.

Like most rules of thumb it’s not completely worthless – but it’s also not the answer to a happy and prosperous retirement. Planning your retirement is probably the biggest financial decision you’ll ever have to make so please do consult a qualified financial planner.

READ MORE

IN TIMES OF TURMOIL

As South Africans, the turmoil over the first few weeks of July has affected us all.
We express our deepest sympathy and thoughts with all those affected.

READ MORE
The “Two Bucket” Retirement Savings System: What is it and Why is it Important?

The government has said that it is going ahead with plans to introduce a ‘two bucket’ retirement savings system. The intention is to increase the amounts that South Africans are preserving.

But what does retirement preservation mean? And why it is something that the government is so concerned about that it feels it is necessary to change legislation?

In this article we explore the importance of preserving retirement savings, and why it has become such a necessary issue to address in South Africa. We also look at what the two-bucket system means in practical terms for investors

READ MORE
Women’s Month: Three Ways You Can Improve Your Money Health

More and more people are becoming aware of the importance of financial wellbeing. Just like it’s necessary to look after your physical health, it is critical to be proactive about taking care of your financial health as well.

In Women’s Month, it’s worth considering why this is a particularly important topic for women. Often, they find it harder to take care of their financial wellbeing because of the different demands on their money and their time.

In this article we look at what makes financial wellbeing for women so important and examine three ways they can move towards a healthier relationship with their money.

READ MORE
A Simple “50-15-5” Budget Hack for Women (and Men!)

Many people find budgeting a turn-off. They don’t want to keep track of every rand they spend. They find it limiting, and an administrative hassle.

For those women who already shoulder most of the responsibility for running a household, this can be particularly true. They don’t want to add anything extra to the long list of things they already need to take care of.

Having a simple approach to running a ‘spending plan’ rather than a strict budget can therefore be quite liberating for many people. Read on to discover a simple approach to getting this right.

READ MORE
Is Your Business Good Retirement Capital?

If you’re an entrepreneur, you’re likely to be an optimistic risk taker and may believe that the proceeds from the sale of your business will suffice as retirement capital.

The harsh reality is that not all businesses have a happy ending.

Although drive, motivation and a propensity for risk are great for growing a business, they don’t always translate into sound retirement planning.

Diversifying your assets is a great way of insuring against the possible decline of your business, or the inability to sell it when you need to.

READ MORE
How Relevant Is The 4% Rule of Thumb These Days?

Generations of financial planners have advised their clients to use the 4% rule when planning retirement withdrawals. But is it still relevant today?

This article explains that, while the 4% rule can be a good way to think about how much you will need to save for retirement, it can never replace a proper financial plan.

Like most rules of thumb it’s not completely worthless – but it’s also not the answer to a happy and prosperous retirement. Planning your retirement is probably the biggest financial decision you’ll ever have to make so please do consult a qualified financial planner.

READ MORE
IN TIMES OF TURMOIL

As South Africans, the turmoil over the first few weeks of July has affected us all.
We express our deepest sympathy and thoughts with all those affected.

READ MORE
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