Life Cycle Financial Advisers

"Hoe om jou finansies in ’n positiewe rigting te stuur sodat jy jou doelwitte kan bereik."

Ons kan jou voorberei vir die lewe se onverwagte gebeure. As jy van salaristjek tot salaristjek leef, vind uit hoe jy jou finansiële situasie kan verbeter. Ons kyk ook hoe jy jou aftreeneseier kan groei terwyl jy geld oor het vir jou kort- en mediumtermyndoelwitte.

Met beurtkrag wat al hoe erger raak, gebruik meer en meer kliente hulle spaargeld en selfs pensioengeld om voorsiening te maak vir sisteme om krag te voorsien tydens beurtkrag. Hoewel dit op die lange duur van waarde gaan wees, is dit ’n groot hap uit jou fondse, wat weer gevul moet word. Laat ons toe om jou van hulp te wees met nuwe spaarplanne.

Statistieke dui aan dat mense baie langer lewe as vantevore. Ongelukkig daarmee saam kom verlengde periodes van lewe met gevreesde siektes. Daarom is dit noodsaaklik om ook te kyk na toekomstige voorsiening vir hierdie situaties.

Ons kan jou van hulp wees met jou mediese fonds beplanning, jou testament en korttermyn versekering. Indien jy ‘n Discovery klient is wat belangstel in Discovery Bankdienste, kan ons jou daarmee help.

One of the most important lessons to learn early in your life. Too many people leave it too late.

Everyone wants to retire comfortably, but getting there isn't an isolated, once-off decision. Here are four key behaviours that can put you on the fast track to retire well. https://discv.co/3LnneLl

The rising costs adding to higher inflation and interest rates hikes, this call for a budget that balances risk and create wealth as well by careful spending and investing, discipline decisions are needed now.

Very important.

Before nominating your executor, know what the job entails When drafting your Will, one of the key decisions you need to make is that of your executor nomination as the person you choose will essentially step into your shoes in the event of your passing, take control of your financial affairs and ensure that your estate is wound up. The enormity of your exe...

The speed of your success is limited only by your dedication and what you’re willing to sacrifice” – Nathan W. Morris

Feel free to contact us for advise and support with investments, medical aids, wills and life insurance.

For integrated value with world-class products in Medical Aid, Life insurance with reward, enhanced Investments and boost to your capital value and reward on driving well, give us a call for a full comprehensive analysis and proposal to create a holistic value add and sound financial plan to you!

For a comprehensive financial portfolio analysis including medical aid, life insurance, investment planning, retirement planning, short term comparisons and the drafting of a free Will let us guide you to the best suitable option that fits your personal needs.

In retirement, your health is just as important to you as your wealth. You’re wondering if you’ll have enough money if you get sick one day, or if your children will provide for you when you’re older. With proper retirement planning, you can ensure your hard-earned income is not eroded by health concerns as you get older.

Call us now!

It is time for last minute retirement investment now to take advantage of the current tax year rebate! So invest now for the future for you own good! Give us a call.

Wishing all our clients a blessed festive season. May 2022 be more normal and prosperous. Thank you for your continued and valued support.🌲

☔An insurance policy is like an umbrella. You never know when you need it.
Rain or shine, we are here for you.
Let us help you to weather any storm life can throw at you!

Contact us now to provide for your family and yourself in the event of death, disability, critical illness or loss of income. Take care for your parents as well, make sure and insure!

People often ask about secure investments and good % interest, here we have a great option for you:

Medical Aid remains a challenge for many how to distinguish between risk, savings account, chronic benefits, network options, medical aid rates, self payment gaps, generic medicine etc😳 we pride ourselves in this field with knowledge and experience, so don’t be baffled give us a call to help you find the best solution for you.

Kontak ons gerus indien jy lewensversekering benodig.

Success in difficult times is achieved when the support of clients through our service model culminates in rewards, to you our clients we dedicate this achievement as without your support we are nothing. Heartfelt and sincere appreciation for your continuous support. Lifecycle supporting you in service through all the cycles of life.

Today is the start of the season of growth and hope. Think about where you want to be in 10 years and what you are going to do to make it happen.

Remember when life changing events, like death of a loved one or divorce happens, to update your beneficiaries on your policies and will. Maybe you are part of an employer risk group policy and there are also beneficiaries nominated. Make sure the people you love and care for are the ones benefitting from your policies or will. It is so easy to forget the small things that make a huge difference.

Do you have a will? I you don't have, you won't be able to have control of your estate from the grave. The state will take control and this can place your loved ones in dire straits. This process may take a long time and your family members will have no control over the process. Your will is the most important document that you sign. Let us assist you in drawing up your will.

I will do it tomorrow or next week or next year. If you are planning for your retirement, start now! If you are planning for your family's welfare when you are not there anymore, start now! Tomorrow may never come.

Having enough money invested is important for you to retire comfortably. A recent research report showed that out of 15M economically active South Africans, 67% have NO retirement plans. Have you started planning for your retirement? Call us to help you plan, failing to plan is planning to fail!

Discovery Health tariff changes!! Discovery Health kept their premiums the same as 2020 for 6 months. Increase in premiums are being implemented from 1 July 2021. Be aware of this and that you are allowed to make changes to your health plans before 15 June 2021. Should you need assistance, please feel free to contact us for advice.

Dit is nooit te vroeg om geld weg te sit vir jou aftrede nie. Lewenskostes neem vinnig toe en instansies wat dienste tydens aftrede moet lewer, gaan agteruit. Moenie onkant gevang word nie. Kontak ons gerus indien jy solank wil voorsiening maak vir jou aftrede.

Failing to plan is planning to fail! Financial planning requires a systematic analyses and need base plan set to start immediately to avoid lost of time and regrets.

Too many of us have lived life on borrowed money, spending what we don’t have and racking up credit card debt. Now is the time to change that behavior once and for all. Where can you trim your spending so you can save more?

Here’s what could happen if you don’t have a Will -

Your estate will get distributed according to South African law and not according to your wishes. This means people you may have wanted to inherit something won’t, and those you didn’t want to, might.

If your Will hasn’t been updated from your previous marriage, or you aren’t currently married to your partner, they may be left with nothing.

Instead of your children receiving their inheritance, it could pass directly to the Government Guardian’s Fund.

Ugly feuds that could split families could result from relatives and loved ones fighting over the distribution of your estate.

Without a Will-nominated professional executor, your estate could take years to wind up, and the Government will be in control of the entire process.

So if you need assistance contact us to get peace in your mind.

“Breadwinners that don’t plan sufficiently for the future are likely to leave their loved ones in distressing financial circumstances”

Let us help you plan to take good care of your loved ones!

📢 Young Investors

Saving for retirement is probably the last thing on your mind. 🤐 But, the BEST time to start saving for retirement is in your twenties! 💰🎉

One of the most dangerous mistakes families make is to insure only the breadwinner. As a matter of fact, it is just as important to have a life insurance policy that covers stay-at-home parents, too. Think it through logically for a moment: If the stay-at-home spouse were to die, and there were young children, the surviving spouse would probably need to hire someone to care for the kids. Where is that money going to come from? Even if your children are in their teens, help from a homework tutor or a driver to transport them to and from sports practices, music lessons, and so on, may be necessary. Remember, your partner or spouse can't be expected to work a full-time job and help 100 percent of the time with the needs of the children. The proceeds from the life insurance policy will enable a surviving partner or spouse to hire caregivers without the worry of spending "extra" money. I recommend you work up an estimate of what the annual cost would be to hire a team to support your family. Multiply that sum by the number of years until your last kid is out the door. That's how much life insurance you need.

One strategy people 50 and over can employ to prepare for retirement: Give your money a reality check. This is the time that you really need to look at your total financial situation, in terms of how much money are you spending, how much are you saving? You should do everything you can to cut back on unnecessary expenses. If you own a home and plan to stay in it, make sure you have a plan in place to pay off the mortgage by the time you retire.

Some important notes:

The 7 Most Life-Changing Pieces of Financial Advice I’ve Ever Received

1. “Most people who overspend their income do so in one of three ways: 1) Too much house, 2) Too much car, 3) Too much entertainment.” // Financial adviser, 2008.

I made a passing statement to a financial adviser friend of mine one particular evening over dinner. I had no data to back up the claim, it was purely an observation made on anecdotal evidence. I told him that most people I know who are living in debt seem to carry a monthly car payment. That’s when he offered the financial advice above in the form of his own personal interactions.

There are outstanding circumstances for sure (medical emergencies, tragedy, job layoffs, etc.). But generally speaking, if you have a hard time living within your income, check your spending on your home, your car, or your entertainment (dining, tickets, trips). I have tried to keep all three modest ever since.

2. “Begin your marriage living on just one income.” // Boss, 2000.

My wife and I got married in June 1999. During our first several years of marriage, we both worked full-time jobs. My boss at the time, a man I looked up to in countless ways, offered me financial advice one day during a short conversation by the coffeemaker. He suggested, even though both of us had steady incomes, as a newly-married couple we should work hard to live on just one of the incomes and save the other.

So we did. My wife’s income each pay period went immediately into savings and my income went into the checking account.

One year later, that savings account became the down payment on our first home. And four years later, when we had our first child, we were still living on one income which freed up my wife to choose to stay home if she desired.

3. “Buy your car with cash.” // Friend, 2004.

My first car, a Chevrolet Corsica, I bought from my parents and paid them back monthly over the course of one year. When that car began to sputter eight years later, I entered the marketplace to purchase another. Talking it over with my friend one day over a roast beef sandwich, he offered me his thoughts:

“Whatever you have in savings,” he said, “make that your budget for your next vehicle—even if it isn’t much. Then, rather than making a payment to the bank on your existing car, begin making a monthly payment to yourself for your next car. Whatever you would have paid for a car payment, put into a savings account. When your next car dies, you will have a bigger budget for the next one—then, repeat the cycle. You’ll be surprised how quickly you are able to upgrade your vehicle over the course of your life.”

This is advice I have never strayed from. And it’s totally true.

4. “If you can’t keep a monthly budget, use a spending plan instead.” // Writer, 2009.

In 2009, as we were just beginning our journey into minimalism, I was introduced to the idea of a Spending Plan. Contrary to a monthly budget that requires detailed tracking and frustrates many, a spending plan provides flexibility as it offers more of a snapshot, moment-in-time glance of your current spending. But the knowledge and lessons learned from the snapshot view of income vs. expenses provides valuable insight for course correction.

The idea is worth the effort for everyone. First, determine your monthly take-home pay. Second, subtract your fixed monthly costs. The money left over is your monthly discretionary income. With that number in hand, you are in a good place to determine where you’d like that money to go. Here’s a more detailed explanation.

5. “You are never too poor to give.” // Parents, 1979.

Growing up, there was not excess money around our home. In fact, only years later did I begin to hear the stories and understand how tight it was at times. The most significant involves a local grocery store raffle contest that happened to draw my parents’ names on the very week they seemed entirely out of options to feed their young family. And yet, through it all, my parents lived with a simple philosophy on generosity: “We will give to charity, and we will teach our children to do the same.”

Their example and their advice have revolutionized my life and my view of money. No matter how tight my money situation has been over the years, I don’t think I have ever missed the opportunity to give away at least a small portion of every paycheck I have received. This is not because I made lots of money. Quite the contrary, it is because I learned from a young age that generosity has rewards of its own and is always worth the sacrifice.

6. “Never take a job just because of the money. Always consider the money, but never let it be the determining factor.” // Mentor, 1998.

In 1998, following a two-year internship after college, I began the search for my first full-time job. I remember, at that time, seeking the counsel of a spiritual mentor of mine. Sitting across from his desk, I asked about money and how much I should let that factor dictate my decision.

He responded with some of the best advice I have ever received: “Joshua, you need to consider the money. A job that pays too little or seeks to take advantage of you will ultimately add stress and worry to your life and keep you from doing your best work. So you have to consider it. But never let it be the most important, determining factor in your search. Always consider your talents and skills and strengths and the opportunity to make a difference in the world first.”

I have tried, throughout my life, to consider income in the jobs I have taken, but have never allowed it to be the most determining factor. And I have literally no regrets concerning the path that career advice has taken me.

7. “One extra monthly payment per year on your mortgage shortens the length of your loan by years.” // Real Estate Broker, 2001.

While working through the specifics of our first home purchase, our real estate agent made a passing comment concerning our mortgage payments. For her, I think it was just a simple fact about the mechanics of amortization schedules. But for me, it became a life-changing goal—make one extra monthly payment each year on my mortgage

Failing to do financial planning is planning to fail. Let us assist you with advice on medical aid, life insurance with needs based analysis, retirement planning with utilizing your tax benefit, saving for a rainy day and short term insurance to cover you at the adequate level when claims arise.

Some planning to do, need assistance give us a call!

Interesting facts..

7 Pieces of Financial Advice That Forever Changed My Life Often times, financial advice can be ignored as they're downright unproductive or harmful. But here are 7 pieces of advice given to me that actually changed my life.

It is important to revise your budget regularly, your needs change all the time, the Covid-19 pandemic has caused havoc financially as well, now is the right time to distinguish between real needs and “wants” to do risk protection and create sustainable future investing. Let us help you to balance your budget.

If ever there was a time to seriously relook at you financial portfolio, it is now! Money, time, adequate cover for risk events, investing in uncertain times, taking care of family needs and especially the unplanned events....to deal with Covid-19 going forward and beyond the crisis. Let us who take all stages of life into account help you to rebalance your financial portfolio.

Covid-19 het ongetwyfeld ons lewensuitkyk en verwagtinge dramaties kom skud! Dit maak dit ongetwyfeld noodsaaklik om jou hele portefeulje te herbesoek ten einde finansieel bepland, voorbereid en verantwoordelik te wees. Die wyse waarop maatskappye die pandemie hanteer het ook nuwe vrae na vore gebring. As jy daarom jou portefeulje wil herbelyn kontak ons gerus. Ons is gereed om tot diens te wees.