Financial Services
Financial Services
When money matters
WHAT WE DO
We help people deal with the financial side of important changes – these would include
- retrenchment
- retirement
- death
- illness
People facing these challenges need to make important financial decisions.
They need someone wise, experienced and ethical.
We are fully set up to help you remotely.
In addition to the specific counseling, we help people understand the often bewildering world of investments, retirement and life insurance by doing the following.
DAILY MAVERICK ARTICLES
Retrenchment
This is what you should look out for if you get retrenched
Offshore Investments
Why you should invest offshore and how to do it cleverly
How to live on interest income if interest rates decline
Declining interest rates have reduced the income of those living off bank deposits. Here is what you can do to improve your income
How to save for your retirement - even if you have left it late
How to calculate what you need to retire and how to save effectively
Living Annuities
What to do if you start using up the capital of your living annuity
Funeral Policies
Funeral policies cover more than just a funeral and you really should get one
RETRENCHMENT
How to deal with Retrenchment
While you are in a fragile emotional state, you will be called upon to make lots of important decisions about unfamiliar financial issues. These decisions will have massive financial implications later in your life.
Retrenchment - Finance and Tax
If you are retrenched, you are entitled to a severance package. This is typically 1 week’s remuneration for every completed year of service. However, if you take a voluntary retrenchment, this is classed ...
FINANCIAL PLANNING
Each age group has its own unique needs and issues.
For example:
A young person without dependents needs more disability cover rather than life cover. I personally know of two men their 20’s who had car accidents that left them paralyzed. Disability cover is cheap at that age and can literally be a quality of life saver.
As one gets older, the need for life cover increases as one typically has dependents and debt.
I have identified 5 broad life stages:
Choose your life stage and see what sort of issues you should be considering. Then call me to help you get financially well as these are just pointers and don’t apply to everyone.