How to – Save correctly for retirement
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MoneyShop
Start saving asap One needs to save correctly for retirement. Not next week or when you get a raise or even only next year. Today. Because money you...
Invest, Money, Retirement Annuities
Options for retirement
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MoneyShop
Pension fund, provident fund or retirement annuity. What are the different savings options for retirement, and which is right for you? Pension fund vs provident fund vs retirement annuity...
Can you invest in a Retirement Annuity if you only have R300 a month to invest?
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MoneyShop
Picture it - no more need for that alarm clock, no rush hour traffic to deal with, no KPIs or deadlines to meet, and no boss to answer...
How much will I be taxed if I withdraw my pension fund monies?
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MoneyShop
It’s estimated that before you reach the age of forty, you might already be into your 10th job! By the time you contemplate retirement, that figure will probably...
How Much Money Do I Need To Save Every Month To Retire On R20 000 pm?
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MoneyShop
At some point everyone reading this blog post would like to put their feet up and stop working altogether. The big question is how much do you need...
Maximise your retirement savings
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MoneyShop
We would all love to have a sizeable amount of money when we retire, but not all of us know how to go about it. Saving for your...
Retirement planning – 7 mistakes to avoid at all costs
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MoneyShop
You may think you have everything planned and lined up just right when it comes to your retirement. Or you may not have started investing yet, but you’re...
Retirement Annuity vs. TFSA
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MoneyShop
Retirement annuities (RAs) and tax free savings accounts (TFSAs) are two savings vehicles offering people tax benefits. However, their structures differ making them suitable for different savings needs....
Financial advice for sexagenarians
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MoneyShop
The 60s can be the scariest time of your life, especially if your finances are not in order. The age of 60 means you have reached many milestones...
5 Common pension mistakes you could be making
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MoneyShop
Saving for your retirement is important because you want to live out your golden years enjoying life and not worrying about how you can get more money to...