retirement Archives - Zuydam Konsult

Understanding the two-pot retirement system: Questions and answers

As of 1 September 2024, significant changes have been introduced to the retirement landscape in South Africa with the implementation of the two-pot retirement system. This system allows members of pension funds, provident funds, and related schemes to access a portion of their savings while still working. With this shift, it is essential to understand …

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Hey, Generation Y and Generation Z! Do you think you can retire comfortably?

Business

Millions of South Africans rely on the money saved in their employers’ retirement fund to earn an income when they retire. For many people, this is their only formal savings for retirement. Unfortunately, too often, this money is still not enough to sustain them in retirement. Being a young professional has its fair share of …

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Investment with a solid foundation

Property

Buying real estate is more than finding the right home or location for your business – owning property is an investment that holds more benefits than you might know. Income Predictability While interest rates may alter mortgage repayments at first, real estate offers a somewhat constant financial investment. Once home loans are repaid in full, real estate offers the owner a constant income that does …

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Save for your golden years

Finance News

Saving for retirement can prove to be a very complex task, however, this does not have to be the case. Many people are not making the necessary provisions for retirement. When you start a new job or enter the workforce for the first time, the last thing you think about is saving for retirement, however, …

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