EXPLAINER | Do you need to buy or top up a retirement annuity? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 80%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

With many people worrying about not having saved enough for retirement, it is worth asking yourself if you need a retirement annuity or to top one up. | News24_Business

News24 Business front page.

Besides the tax incentives, saving in an RA can help ensure you have enough money to retire on - more than 70% of South Africans worry that they will not have enough, according to recent Retirement Reality survey by 10X Investments. "Its simplicity overshadows its power and impact," he says adding that the absence of a budget is often why people don’t stick to a long-term investment strategy and dip into their savings. Wouter Fourie, an independent financial planner and director of Ascor, says you cannot afford not to save for retirement - it is your own future you are investing in.

Contributing to an RA provides the discipline of saving regularly and provides a massive tax benefit, Fourie says.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

_Business Is our money safe in South Africa should actually be the question. I've worked construction for many many years. In 2020 I was retrenched when the China virus broke loose. Claimed My Provident fund, what I contributed compared to what I got out was a only a fraction.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

EXPLAINER | Who is doing credit checks on me? | BusinessCredit bureaux collect information about how much credit you have and how good you are at repaying it. This info is critical when you want to borrow money. | News24_Business _Business Being that SA is a corrupt criminal country there are innocent people that have been scammed and terrorised but now face financial challenges because of what they have been through? You are a number to a bank and if you are not making them money 💰 they don’t care 🤷‍♂️ _Business Banks & credit providers can load any amount of information on your credit profile, but when it comes to removing any errors the consumer has to jump hurdles to attempt to correct their profiles, I am sitting with a bond & credit card from FNBSA which should not be there! _Business I have been corresponding with the various credit bureau's like TransUnion etc to get my records corrected, falls on deaf ears, they have done me a favor, I don't have debt any longer, no cell contacts, credit cards, etc because of an erroneous report!
Fuente: News24 - 🏆 4. / 80 Leer más »

EXPLAINER | Where are the critical raw materials needed for the green transition? | BusinessRaw materials are present in the ground all over the world but some are more common in certain areas than others. A total of 9% of the global supply share is from South Africa. | News24_Business _Business Yet our communities don't c the benefits of it _Business And the citizens don’t benefit from the minerals. We don’t have leadership. _Business Yet majority of our people are in poverty
Fuente: News24 - 🏆 4. / 80 Leer más »

EU agrees deal to reduce 2030 energy consumption | BusinessEU countries agreed a deal with the European Parliament to cut projected energy consumption by 2030, part of the a green push made more urgent by Russia's war on Ukraine. | News24_Business _Business Interesting documents: _Business And the theatre carries on and on and on. Its becoming fanatical like a cult and the sheep just follow.
Fuente: News24 - 🏆 4. / 80 Leer más »

Eskom chair says it will take 18 months to two years to fix load shedding | BusinessEskom board chairperson Mpho Makwana says it will take 18 months to two years to fix load shedding, but there is no 'shortcut', and South Africans need to play a role in terms of reducing demand. | News24_Business _Business That's what they said 5 years ago... _Business No _Business Yes we were told that 2 years ago
Fuente: News24 - 🏆 4. / 80 Leer más »

EFF Shutdown: It 'will be business as usual', warns Cape Town MayorCity of Cape Town Mayor, Geordin Hill-Lewis, took to Twitter on Friday to warn EFF, which plans to hold a national shutdown on 20 March, that the Mother City 'will be open for business as usual' and no violence will be tolerated:
Fuente: CapeTownEtc - 🏆 17. / 63 Leer más »

Why Silicon Valley Bank has caused panic around the world | BusinessSilicon Valley Bank triggered a panic in the banking sector on Friday, with shares in leading lenders around the world plunging, after it dumped assets to raise cash to cover withdrawals. | News24_Business
Fuente: News24 - 🏆 4. / 80 Leer más »