Financial Planning

How to save during tough times

We currently find ourselves in a market that hasn’t shown any real growth over the past five years and even the most optimistic investors are now starting to panic, especially those who have already retired. With the cost of living rising rapidly, many pensioners are forced to increase their withdrawal rates to well above the […]

Financial Planning

How to prepare your investments for retirement

It doesn’t matter which social media platform you are using, it’s clear that it’s that time of the year when everybody’s off to some or other holiday destination. Some have to book months, or even years in advance to reserve the perfect spot in the Kruger National Park, while others opt for a more exotic […]

Financial Planning

Retirement: What if the RECOMMENDED withdrawal rate is not enough?

Last week I discussed the impact of withdrawal rates on a living annuity’s lifespan and I showed investors how a withdrawal rate of 7.5% and higher can knock both time and value off your income and overall capital over the longer term. However, the withdrawal rate of between 5% and 6% recommended by the Association […]

Financial Planning Markets & Equities

Funds: Are they poor performers or just being mistreated?

When I mention the names Floyd Mayweather and Connor McGregor, four words come to mind: Top Arrogant World Champions. Both of them are regarded as some of the best in contact sport. Both of them put on a pair of gloves and get into a ring. Both of them want to see their opponents hit […]

Financial Planning

How to retire in South Africa post 2019

South Africans will need to increase their focus on tax-efficient investment. South Africans received the budget speech gracefully on February 20 2019. Everyone who listened to the speech will, for a very long time, recall our new minister of finance moving with flair, courage and humour. One could hear a pin drop in Parliament and […]

Financial Planning

How cycling connects to better long-term investing

Biking to retirement: Start with small achievable targets and learn to ride the ‘investment bike’ over many years, long before retirement. As a recreational cyclist, I regard cycling as one of the most enjoyable and effective ways to get around. But while some cycling is for recreation, other times it can be about incremental goal […]

Financial Planning

Retirement Planning during different life phases

I have taken a few days to visit Hermanus this week and with the Whale Festival that’s just passed, this little town is bursting at the seams. Visitors range from toddlers to graceful retirees, all of whom enjoy the festival equally. It’s in exactly these different age groups that I broadly place these people into […]

Financial Planning

Retirement is about the journey, not the destination

Are you on the right track to retirement? There is a well-known saying that “life is about the journey, not the destination”. Following my recent article titled How much do you need to retire comfortably many readers have approached me with a follow-up question: “How do I know if I’m on the right track?” Many of […]

Financial Planning

Is Regulation 28 limiting the growth of your retirement annuity?

February, also known as RA Season. Strangely enough, many investors still become uneasy whenever I mention retirement annuities (RA) and the majority are reluctant to consider it as an investment option. There are two main reasons why investors feel this way. Firstly, the costs related to older generation RAs weren’t cheap, but RAs and similar products […]

Financial Planning

Best kept secret: Direct shares in your retirement annuity

The 28th of February doesn’t only mark a very important date for most companies who face financial year end, but also for countless personal tax payers. Before you lose hope in thinking of the massive task that lies ahead of you, however, I would like to focus on the advantages of tax returns that most […]

Financial Planning

How to save, even if money is sparse

Following my article under the heading “Retirement, it’s time to take your head out of the sand” (finweek of 8 September), I was asked to discuss the matter further on the weekly TV show finweek Money Matters. I won’t say that it was unexpected, but following my comment that the best time to start saving […]

Financial Planning

Finweek Money Matters: Financial planning to keep afloat after retirement

In this episode of finweek: Money Matters, we discuss: Editor’s Choice: Many people struggle to make ends meet after retiring. And usually that is because of inefficient financial planning throughout their working careers. Schalk Louw, portfolio manager at PSG Wealth, discusses ways to avert a retirement dilemma. finweek: Money Matters is a weekly programme aired […]

Financial Planning

Retirement – time to take your head out of the sand

It feels like only yesterday that you finished school, perhaps even your studies, and got to take the first steps towards your brand new career. The excitement of knowing that you still have your entire career ahead of you makes retirement savings something that you will worry about ‘someday’. But soon ‘someday’ becomes ‘a long […]

Financial Planning

Retirement Planning: What to do in your 50s

We are truly blessed when we consider how convenient things have become. You can walk into any convenience store or supermarket, visit the fresh produce section and get a fairly accurate idea of how fresh a product is just by looking at the ‘sell by’ date. Although the selling of most items these days is […]

Financial Planning

A glass half full with new tax legislation on Retirement Annuities

When I do presentation about retirement, I usually start with the amount of R1 410. No, this is not the price of a new golf ball in a month or two (if the Rand continues its downward spiral), but rather the current government pension grant (R1 430 for people aged above 75). I am convinced that this […]

Financial Planning

How much do you need to Retire Comfortably?

Saving for retirement is a lot like batting first in a cricket match. You know you have to save and you do so to the best of your ability, but how many ‘runs’ do you truly need to retire comfortably? In this week’s article, I’m going to try to show you a more structured approach […]

Financial Planning

eTV Moneyline Interview: Top Tips for National Savings Month 2015

Schalk Louw talks about National Savings Month, July 2015. The opinions expressed in this interview are the opinions of the speaker and not necessarily the opinion of PSG. These opinions do not constitute advice. Although the utmost care has been taken in the research and preparation of this interview, no responsibility can be taken for actions taken on […]