How to Avoid Running Out of Money in Retirement
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10x Investments

  10x Investments   Q3 of 2024 | 2 years ago

So you’ve worked hard, put money away, and now you’ve chosen to retire (or are considering retiring soon). If you’ve saved consistently, well done! You’re in the minority of South Africans who have managed to stick to a workable retirement savings plan. Now the question is, how do you keep from depleting those savings and running out of money? Here we’ll discuss the golden ‘retirement equation’ you should use when thinking about your retirement finances. That equation is, very simply, that your ‘costs’ need to be equal to or less than the returns on your investments:


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

Botique CI (BCI) was birth by some members of the management of Met CI in the 2010s when Metropolitan was restructuring to merge with Momentum.

Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.

Total assets under management (AUM) has breached the R3 trillion mark in 2022.

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Disclaimer
Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation.