A very successful and well-attended event was recently held specifically for young professionals, as part of the Financial Planning Week hosted by the Financial Planning Institute. A panel of advisers provided young professionals with the tools to kickstart their financial journey. Veritas Wealth was proud to have Cole Zweistra on the panel, where he shared some valuable insights and financial planning tips, from budgeting and investments to retirement planning.
We delve into the risks of accessing your retirement savings early under the new Two-Pot Retirement System. While the rules may allow it, withdrawing from your retirement fund can have serious, long-term consequences, not even mentioning the extra tax you will pay on withdrawals. Do not jeopardise your retirement just because you are now “allowed” to.
The recent cold and wet weather in Cape Town transported me back to a day in August 2004, when Veritas Wealth was just beginning. I vividly recall that freezing morning, navigating muddy roads and rusted gates at what is now Beau Constantia Wine Farm. With little more than a small cottage as our office, I embarked on this journey with a mix of nerves and excitement. Twenty years later, I reflect on how far we’ve come—from those humble beginnings to a thriving business built on the principles of Lifestyle Financial Planning, surrounded by a dedicated team that feels like family.
The world of short-term insurance can be complex and overwhelming and recently one of our own staff members fell victim to the “under-insured’ clause. Read more below for suggestions on taking necessary steps and actions to avoid this situation..
“What does money really mean for me and my family?” By posing some good questions initially, we shift the thought process from the money itself to giving your money meaning. This results in better investment outcomes and overall long-term financial wellbeing
Waking up on the first day of your retirement with nothing planned may seem like bliss. But after a while, the novelty wears off. It is then that many retirees hit a slump and start questioning their purpose and value as individuals. In the third and final article in our Retirement Readiness series, we explore the question Have you got enough to do?
