Meet Siya, 58
“It was a health scare that brought me to Veritas. I had put various investments and policies in place over the years but I needed sound independent advice to help me make sure my family would be taken care of in the event of something happening to me.”
The Scenario
I am a professional medical practitioner. I love what I do and am very committed to my practice, however, it demands long working hours. Last year, I developed a health issue which really affected my wife, Sibongile, and made me realise that I needed to take stock of my lifestyle and our financial affairs.
The Challenge
- Over time, I had taken out policies and made investments, but the overall picture had not been reviewed in years.
- My wife had been concerned about my health for some time and, without realising it, I’d been feeling overworked and overwhelmed but unsure about how to slow down.
- I had an inkling that my tax affairs were not being handled efficiently.
The Veritas Solution
A colleague told me about Veritas and Sibongile and I decided to approach them.
The Veritas planner skillfully facilitated an important conversation between Sibongile and I about what was important to us. It was the first time either of us was able to articulate our thoughts (and fears ) around retirement.
Together we came up with a comprehensive financial plan that included:
- Decluttering of all the ‘financial products’ we were sold over time
- Putting structures for tax planning and estate planning in place so that appropriate investments can be made
- Appointing a competent tax practitioner with whom they deal directly, which is one less thing for me to worry about
- Having conversations about adjusting my work life and still enjoying the lifestyle we have grown accustomed to
Thanks to Veritas, Sibongile and I both feel on the same page and therefore, calmer and more in control of our financial destiny. It feels great to finally be working towards something concrete and to know that I can slow down at work if/when I want to.
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