When should I start saving for my retirement?

If you’re starting your first job the last thing you want to be thinking about is saving for your retirement which could be 40 or 50 years from now. The thing is, it’s the perfect time to start. The more time you have on your side, the more opportunity your money has to work and grow for you. So, the best time to start saving for your retirement is when you land your first permanent job. The second best time to start is now.

Not sure how much you need? Try our retirement calculator to get an idea of how much you need to save to reach your goals.

Why do I need a MAX Investments Optimal Plan?

This retirement annuity plan aims to meet your retirement savings needs while adapting to the changes that take place in your life along the way.

Another good reason to start investing today is that the longer you have until you retire the less you'll pay in premiums every month. So if you have over 21 years or more to go, your premium will only be R350/month.

We know that despite your best intentions, life happens. Optimal Plan is designed to help you through life's twists and turns by giving you flexibility.

Product features and boosters

One of the best features of Optimal Plan is that we'll boost your retirement annuity along the journey to your retirement. You get to enjoy monthly boosters which are paid into your fund or funds after you reach your 5 year investment anniversary. In addition you receive an Optimal Booster which is 2.5% of your fund value - also on your the fifth anniversary.

monthly booster for Optimal Plan

We know life happens so if you need to stop paying or reduce your premiums you can do so without penalties.

You have the option to add premium protection. This means that should you become disabled during your investment term Old Mutual will continue to pay your premiums for the remainder of the term.

There are fund options to meet your needs.

Our fees and charges are transparent - you know exactly what you're paying.

Imagine being rewarded for saving?
With Old Mutual Rewards it's possible to earn rewards for saving, taking control of your finances and working towards your financial goals.

Is this product right for me?


The Optimal Plan is ideal if you are looking to save for your retirement on a monthly basis and want the flexibility to adapt your retirement plan as your circumstances change.


Customers needing flexibility when it comes to their premiums specifically increasing, decreasing or pausing these payments.


Customers who want to benefit from Investment Boosters to increase their fund value.

Ready to make a difference to your future?

Investing in the Optimal Retirement Annuity Plan is a simple process. No need for forms or visits to your nearest branch. Simply select the Yes, I want to Invest Now button below and you'll be on your way.

Yes, I want to INVEST NOW | I'm not sure. Please call me.