Retirement options

[backstreetboy]

I'm intrigued as to why the Skeleton 70 is recommended over the Skeleton 40?
I base my question purely on the published performance figures.

View attachment 679507

Source: https://www.sygnia.co.za/personal-investments/performance

Play with the roboadvisor. It'll show you why... https://www.sygnia.co.za/roboadvisor/sygnia-roboadvisor

 

[NBC]

Roboadvisor is quite nifty yes!

 

[Gamer]

Because over longer term shares (which 70 is more invested in than 40) should perform better.

I figured that might be the case, thank you.

Play with the roboadvisor. It'll show you why... https://www.sygnia.co.za/roboadvisor/sygnia-roboadvisor

Cool, will give it a whirl.

 

[Sideshow Bob]

You will probably facepalm after reading my reasons.

* For some reason I misunderstood Sygnia's documentation and thought I had to start with a 20k lump sum, but I

I suspect this could be intentional on Sygnia's part. Of course, unless minimum is different for different products?

Replying to old post (and minimum limits might have changed) but application form states this


but FAQS says " You can start investing with a lump sum of R10 000 or a debit order of R500 per month. " - this could be construed as 'DO of R500' is ok and lumpsum not needed.

https://ra.sygnia.co.za/roboadvisor/frequently-asked-questions