Why put your money in retirement plans?With current advances (not to mention future ones) in technology and medicine, we can definitely expect to live longer when we retire.
While that might seem like the best thing ever to some of us, our pension and retirement savings may need to get us through additional years. That means investing as much as you can for your retirement, as soon as you can. On the upside, you should be relatively debt-free (no car or bond repayments) but on the downside, you do need to take extra care of your health.
When the time comes to retire, you might want to purchase an annuity. This is the product that is going to pay you a regular income when you're done with the working world.
An added bonus of saving for your retirement is that you might get tax benefits. Take a look at some of the products on offer. And remember, help in the form of our financial advisers is a quick "call me back" away.
YOU GET TO CHOOSE THE FUNDS YOU INVEST IN. FEES AND CHARGES ARE TRANSPARENT.
Flexible options and choice of leading SA funds.
- This retirement fund is sponsored and administered by Old Mutual
- You can select from a range of investment options
- Transfer your money from other approved retirement funds
Preserve your retirement savings
Looking to shed light on planning for your golden years? These retirement articles do just that.