The landscape of retirement planning is undergoing a significant transformation. Changing demographics, increasing life expectancies, and evolving expectations for retirement life are challenging traditional models. This new era demands a fresh approach to ensuring financial security throughout retirement, considering the impact of inflation, rising healthcare costs, and the evolving role of annuities. Navigating Inflation’s Erosive […]
The Impact of Global Economic Trends on Investment Strategies In an increasingly interconnected world, global events profoundly impact investment landscapes. From the uncertainty of trade wars to the unprecedented challenges of pandemics and geopolitical tensions, these factors can sway market sentiments, disrupt economic stability, and alter investment outcomes. Understanding how to navigate these turbulent waters […]
In the journey towards financial security, two critical strategies stand out: diversification and asset allocation. These twin pillars empower investors to navigate the unpredictable terrain of the market while optimising their long-term returns. Understanding Diversification & Asset Allocation Diversification is the practice of spreading investments across various asset classes, such as stocks, bonds, real estate, […]
The Power of Long-Term Financial Planning In today’s fast-paced world, where instant gratification is often the norm, it’s easy to overlook the profound impact of long-term financial planning. However, those who look beyond immediate desires and focus on future prosperity can achieve remarkable financial security and wealth. This journey towards building a robust financial foundation […]
Personal Financial planning, and financial responsibility is one fo the greatest goals of all of us. To be truly financially independent, and have your financial ducks in a row, is not just a goal to strive to, but also an enormous challenge. There is a magnitude of challenges facing each of us financially, and trying to
Personal Financial planning, and financial responsibility is one fo the greatest goals of all of us. To be truly financially independent, and have your financial ducks in a row, is not just a goal to strive to, but also an enormous challenge. There is a magnitude of challenges facing each of us financially, and trying to
In my previous article, Returning to South Africa – Financial Planning explained, I mentioned the 6 steps of financial planning in South Africa. These steps were researched and implemented by the FPI as a guideline and methodology for advisers. The thinking behind these steps was to ensure that the clients’ needs are always held as
I have focussed on how the adviser and his resultant advice must always be centered around your unique objectives and circumstances, and the importance of a Financial needs analysis (FNA). As I mentioned previously, the fundamentals of a holistic FNA are as follows: Estate planning, which includes estate liquidity, debt provision, capital provision and wills…