MoneywebWhere should a pensioner invest R1m to receive a R20k monthly income?moneyweb.co.za - Jonathan BraansMy aunt, aged 73, recently sold her primary residence and is living with her son and his family. She received ±R1 million from the sale of the house. …
MoneywebI’ve retired, why can’t I make another one-third retirement fund withdrawal?moneyweb.co.za - Elke BrinkI belonged to the Government Employees Pension Fund (GEPF) and took one-third [of my retirement funds] in 2017 when I resigned; the rest of the money …
MoneywebWhat is longevity risk?moneyweb.co.za - Craig TorrWhat does longevity risk mean? Could you please give an example?ANSWER:Thank you so much for your question. Longevity risk in the context of …
MoneywebWhat are the tax implications of withdrawing R700k from my pension preservation fund?moneyweb.co.za - Tanya Joubert, Devon Card and Michael HaldaneI turned 55 in April 2022. I left my job over 10 years ago and invested/transferred my pension to an Absa pension preservation fund. I now want to …
MoneywebShould we acquire a primary residence or investment property first?moneyweb.co.za - Gareth CollierMy partner and I want to invest in the property market. We currently rent an apartment. In the medium term, our goal is to own our primary residence …
MoneywebWith interest rates rising, is now a good time to invest in income funds?moneyweb.co.za - Suzean Haumann and Mauro ForlinIs it now a good time to invest in income funds, with the rising interest rates? I ask because I have R1 million in living annuities, and I withdraw …
