Here is why retirement planning is essential and how starting a retirement annuity plan can pave the way for your ideal retirement.
Whatever your wishes are, one thing remains constant: the need have the financial ability to support your chosen lifestyle.
However we choose to do, having enough pension money is the answer to a successful and happy retirement!
These financial instruments provide a reliable source of income during your golden years, ensuring you can live comfortably and pursue your passions without financial constraints.
We all want a carefree retirement, but the reality is that 94% of South Africans do not enjoy financial security in retirement.
This statistic definitely underscores the importance of having a retirement planning strategy, as it is the only way to avoid falling into this trap.
In order to afford your desired standard of living in retirement, financial experts recommend aiming for a minimum of 70% of your final salary as a pension. And saving a lump sum equivalent to approximately 10 times your highest annual salary.
These benchmarks serve as real goals to try meet for when planning your financial future.
Managing money during retirement is very different to managing money before retirement.
If you would like an indication of how much you should be saving for your
Retirement, please complete the Write to Me request form and email it to me.
I will reply with some values for you.
Your retirement is going to happen!
If it is to be all you want it to be, only you can make that happen.
To help your chances of getting this money, you need to start saving today.
The sooner you start your Retirement Plan, the better your future after you stop working.
Of course it's a long-term saving, and compound interest will be vital part of your final value!
And compound interest needs time to work - So start now!
I can:
I have been in the insurance business for over 30 years and have yet to see a retirees who has enough money!
I have seen the huge difference that a retirement investment has made to the lives of many retirees.
Please contact me:
083 655 2164
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YMYL: YOUR TRUSTED, QUALIFIED ADVISOR
Peter Pyburn - Authorised Financial Services Provider, fully licensed to render financial services since 1991. Death and Disability Planning; Retirement Planning; Investment Planning; Healthcare and Estate Planning.
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Last update: October 31, 2024