Planning your retirement

Your number, the vehicles, the tax, and turning savings into an income.

Retirement is the longest financial project of your life, and the one where time matters most. This path runs from the target to the income at the end.

Stage 1: Your number

What “enough” looks like, and why the starting date matters so much.

• How much does a person need to retire in South Africa?
• What does starting 10 years earlier actually do?

Stage 2: The vehicles

How the main retirement accounts work in South Africa.

• RA vs TFSA — what are the limits, and which saves more tax?
• How does the two-pot system work — and how much can you take out?

Stage 3: The tax

How lump sums are taxed when you retire.

• Tax on retirement lump sums — how the tables work

Stage 4: From savings to income

The choices that turn a pot of savings into a monthly income.

• What is a living annuity vs a guaranteed annuity?
• What is the 4% rule — and how long could a retirement pot last?
• What happens to your pension when you change jobs — and what does cashing out cost?

Free and private. To keep track of your progress through a journey, create a free account and do your assessment first.

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