Retirement Planning

The ideal time to start planning for retirement is around 5 years ahead of retirement, but it is not a requirement. This is to change existing investments to coordinate with investments at retirement. Our investment choices ensure that the minimum amount of tax will be paid at retirement, catering for leave in arrear, bonuses and lump sums drawn from pension funds or retirement annuities.

Prospective clients fill out a 4 page questionnaire, from which we prepare a preliminary 28 page analysis that contains the following:

1. Capital needs analysis

Immediate access to capital at retirement to provide for e.g. bonds to be redeemed, loans to be repaid, travel plans, donations, purchase of a new vehicle, any form of debt etc.

2. Income tax analysis

We do a detailed income tax analysis for the year of retirement as well as the year after retirement.

  • For the year of retirement the objective is to minimize income tax payable because of retirement.
  • For the year after retirement the objective is to minimize tax payable for the rest of the client-, and/or spouse's natural lives.

3. Redistribution of capital

Available capital is redistributed according to the client's unique financial position to cater for short-, medium- and long term goals.

Short term goals
- capital to be available immediately

Medium term goals
- supplementing short term capital required if necessary
- to provide tax effective additional monthly income
- capital growth

Long term goals
- to provide tax effective additional monthly income
- capital growth - to minimize estate duty
- to minimize capital gains tax
- to minimize executors fees

4. Monthly cash flow and income tax

This analysis is done to ensure that the client's monthly budget requirements are met - nett and gross of tax.

5. Forecasting

A cash flow and capital forecast is done taking 14 variables into consideration.

6. Additional notes and calculations

This section contains additional notes, as well as detail for medical aid contribution/rebates and proposed retirement annuity calculations.

7. Description of proposed investments

Here the pros and cons of every investment are explained in full.

8. Summary of existing insurance and investments

Possible changes to existing investments an.or insurance are explained in detail. We also make sure that beneficiaries are appointed where applicable to minimize executors' fees.

9. Cost statement

A summary of management-, admin- and advice costs/fees is provided.


Estate Planning

A comprehensive estate planning analysis is prepared and discussed with the client. During our discussions we determine whether your current Will requires updating. The possible requirement of a trust and/or usufruct will also be considered. Suggestions will be made to minimize estate duty, and to provide capital for estate duty.


Investment Planning

A comprehensive analysis regarding your provision at death, disability and retirement will be prepared for discussion. Recommendations will be made where the analysis reflects shortfalls in provision.