Three classic errors retirees should avoid

Another mistake people make is assuming that investing in a local pension/providend/RA will pan out when in fact regulation 28 keeps most of your eggs in a high risk, low growth economy. All it takes is a Zimbabwe or Venezuela to reduce an entire life savings into bread crumbs.
Diversify by investing offshore even if you lose some of the tax benefits in the process.

If your retirement fund invested in the JSE Top 40 ten years ago it would hardly have grown at all. Compare that to a high equity offshore investment like the S&P 500 where you could have more than tripled your investment (USD to ZAR working in your favour as the ZAR continues to lose value over time).

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