Retirement
made simple
Helping you prepare for that
sweet retirement.
personal solutions i want to make the most of retirement

Planning for Retirement?

Imagine reaching your retirement age not having saved enough money.

Will you fully enjoy your retirement if this is the case? Start saving for your retirement sooner and keep at it throughout the years. This way, you’ll increase your money to cover the cost of living in your golden years. Have a quick look at our retirement annuity plans below.

Man in formal wear sitting in an office
      How to save R1 million by age 65*You have the potential to save R1 million by the time you retire at age 65. How? It’s simple. We’ve put together some examples to show just how you can start saving toward your own R1 million(combine the contribution and the potential growth).
      Age

      Monthly payments

      Total contribution
      Potential growth
      25 years
      R160
      R236 660
      R763 340
      35 years
      R420
      R332 940
      R667 060
      45 years
      R1 200
      R473 810
      R526 190
      55 years
      R4 520
      R682 680
      R317 320
      60 years
      R12 420
      R823 440
      R176 560
      25 years
      Benefits
      35 years
      Benefits
      45 years
      Benefits
      55 years
      Benefits
      60 years
      Benefits
      Monthly payments
      R160
      Total contribution
      R236 660
      Potential growth
      R763 340
      Monthly payments
      R420
      Total contribution
      R332 940
      Potential growth
      R667 060

      Monthly payments

      R1 200
      Total contribution
      R473 810
      Potential growth
      R526 190
      Monthly payments
      R4 520
      Total contribution
      R682 680
      Potential growth
      R317 320
      Monthly payments
      R12 420
      Total contribution
      R823 440
      Potential growth
      R176 560

      *The purpose of this table is to illustrate the possible future value of savings and is not to be taken as advice, as amounts can change. The examples above assume an 8% expected annual growth in value of savings; a 5% expected annual inflation rate and the amount that you need to save will differ from the example.

                                  Now that you get the picture, let's explore your optionsThe perfect time to start saving for retirement is when you get your first income. It gives your money more time to grow. The second best time to start is now. Have a look at Old Mutual’s range of retirement products below.
                                  Features
                                  Tax Free Savings Account

                                  Grow your savings without paying tax on any of the growth your money earns.

                                  Optimal Retirement Annuity

                                  A retirement annuity that adapts to your needs as your life changes.

                                  Old Mutual Retirement Annuity

                                  Access to the full range of Old Mutual’s best performing unit trust funds.

                                  Old Mutual Retirement Plan

                                  Benefit from keeping your money invested for the long-term.

                                  Starting premium

                                  From R250/month

                                  From R350/month

                                  From R500/month

                                  From R265/month

                                  Are my contributions tax deductible? *

                                  Is my investment growth tax free?

                                  Can I access my money if I need it?

                                  Can I choose funds outside Old Mutual?

                                  Can I invest online?

                                  Can I get premium protection?

                                  Can I stop investing when I am no longer able to?

                                  Tax Free Savings Account

                                  Grow your savings without paying tax on any of the growth your money earns.

                                  Features

                                  Optimal Retirement Annuity

                                  A retirement annuity that adapts to your needs as your life changes.

                                  Old Mutual Retirement Annuity

                                  Access to the full range of Old Mutual’s best performing unit trust funds.

                                  Features

                                  Old Mutual Retirement Plan

                                  Benefit from keeping your money invested for the long-term.

                                  Starting premium

                                  From R250/month

                                  Are my contributions tax deductible? *

                                  Is my investment growth tax free?

                                  Can I access my money if I need it?

                                  Can I choose funds outside Old Mutual?

                                  Can I invest online?

                                  Can I get premium protection?

                                  Can I stop investing when I am no longer able to?

                                  Starting premium

                                  From R350/month

                                  Are my contributions tax deductible? *

                                  Is my investment growth tax free?

                                  Can I access my money if I need it?

                                  Can I choose funds outside Old Mutual?

                                  Can I invest online?

                                  Can I get premium protection?

                                  Can I stop investing when I am no longer able to?

                                  Starting premium

                                  From R500/month

                                  Are my contributions tax deductible? *

                                  Is my investment growth tax free?

                                  Can I access my money if I need it?

                                  Can I choose funds outside Old Mutual?

                                  Can I invest online?

                                  Can I get premium protection?

                                  Can I stop investing when I am no longer able to?

                                  Starting premium

                                  From R265/month

                                  Are my contributions tax deductible? *

                                  Is my investment growth tax free?

                                  Can I access my money if I need it?

                                  Can I choose funds outside Old Mutual?

                                  Can I invest online?

                                  Can I get premium protection?

                                  Can I stop investing when I am no longer able to?

                                  * Your contributions are tax deductible up to certain limits.
                                  Please note that it always remains important to read and understand the terms and conditions of each product.

                                  Why save for retirement?So you can spend your golden years worry free, reaping the benefits of your hard work. Spend time on your hobbies, travel the world or play with your grandchildren.

                                  Expect to live longer

                                  With advances in technology and medicine, you can expect to live longer.

                                  Will you be able to pay for groceries, electricity, utilities and other expenses that need to be paid should you live longer through your retirement?

                                  Now is the time to start putting money away so you can retire like the star you are.

                                  Man playing with his grandson
                                      Things you should know about retirementSome recommended reading to help you get a grip on retirement.