Money …
MONEY
WHAT THE EXPERTS SAY ABOUT RETIREMENT
R
IT’S YOUR POSITIVELY SELFISH SEASON
cheapest vehicle, as you may end
event – it’s a life stage. So, what do the experts
Linda Remke, COMENSA Master
the terrain you want to drive on.
Coach, EVEOLVE Coaching
You start with the right vehicle
etirement isn’t a once-off
want you to know to make yours a
up with one that is unsuited to
(solution: living annuity, life
rewarding one? Read on to find out. Linda is a firm believer in
annuity, with-profit annuity),
RETIREMENT IS JUST A TAX EVENT
recognising that retirement
Janet Hugo, Director of Sterling
yourself permission
Private Wealth and FPI Financial
to seek what matters
Planner of the Year 2018
most to you, and
your needs. Part
how you can impact
of this will be the
is your season to give
then you select the correct engine (low-risk, high-risk etc.) that would be perfect for
Putting an unconventional spin on
others. “This starts
maintenance plan
her top tip for retirement, Janet
by looking inward,
you need and select
suggests you shouldn’t retire – at
realigning and
(financial adviser
least not in the traditional sense.
reaffirming who you
“[Retirement] should be treated
are and how you would
as an opportunity, if you have
like to see this season play
sufficient money, to incorporate
out,” she says. “Many call it
flexibility into your lifestyle,” she
a season of ‘making a difference’
explains. “The clients that I’ve
and of performing meaningful
seen who embrace retirement and
work, which is often, if not always,
have done it successfully are the
linked to your purpose and
DON’T LIMIT THE GROWTH ASSETS IN YOUR PORTFOLIO
ones who continue participating
passion – the legacy you would
Hester van der Merwe, Financial
in their community and in work to
like to leave behind.”
Planner at Ultima Financial
and ongoing advice) and only then, once you have made sure these aspects are correct, do you start negotiating the price.”
Planners and FPI Financial Planner
some degree.”
of the Year 2020
parts of your community, and don’t
YOUR FINANCIAL STARTING POINT SHOULD NEVER BE FEES, BUT THE CORRECT VEHICLE FOR YOUR NEEDS
allow financial worries to ruin this
Rocco Carr, Business Development
portfolio, compared to the number
well-earned phase of your life.
Manager, Glacier
of years you now have to rely
For richer, more meaningful retirement years, engage with different areas of life or different
“Think of the number of years spent on building your retirement
on that portfolio to provide an
“Work with a financial adviser so that your cashflow requirements
Rocco draws an analogy for
income,” says Hester. “This is key,
and your investment strategies are
selecting the best retirement
because inflation is the biggest
dealt with properly, and hand those
income solutions suited to you:
enemy of people in retirement
over to them to get that worry out of
“When you want to start 4X4
and must not be ignored or
the way,” she adds.
driving, you don’t start with the
underplayed.”
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SILVER DIGEST // WINTER 2021
