14 Vrydag 14 September, 2018 Financial Planning - wills week 17 - 21 septemBer 2018 tips on stretching retirements savings When you reach retirement age, you need to be in a position where you can afford to maintain a similar lifestyle you have been...
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14 Vrydag 14 September, 2018 Financial Planning - wills week 17 - 21 septemBer 2018 tips on stretching retirements savings When you reach retirement age, you need to be in a position where you can afford to maintain a similar lifestyle you have been accustomed to prior to retirement. The only way to achieve this is making sure you start planning and saving for retirement much earlier. P r een ay Sat hu, at FNB Wea lth a n d I n vestmen ts s h ar es tips on how t o st r etc h your r etir emen t savin gs: • Financial discipline: Even at retirement, financial prudence remains important so it’s important to continue making financially sensible decisions because as a retiree you may only have one income. A financial decision must be diligently evaluated to avoid making costly financial mistakes as you may not have enough time to recover the losses should things not go your way. • Evaluate costs: Look at your current household expenses and identify areas where you can cut costs. The key is t
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