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A brand new look at retirement means you can bank on your savings lasting longer

Momentum introduces a hybrid between living and life annuities that guarantees a portion of income alongside the chance to grow that income. ....

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One year before retirement: here is your important checklist


One year before retirement: here is your important checklist
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Even if you are looking forward to the end of your working life, the idea of retirement can be daunting. There is often an instinctive fear of moving into a stage of life where you may end up consuming your capital, as well as anxieties about a diminishing lifestyle. Like most challenges in life, preparation is key, says Asavela Gwele, client relationship associate at 10X Investments.
Here, she outlines a pre-retirement checklist that will help you make sure you’re on track.
Refine your budget
Your financial situation will most likely change during retirement so it’s important to have a clear and defined budget. Before retirement, it was up to you to build a savings pot to fund the lifestyle you wanted in retirement. Once you retire, you will need to deal with what you have and adjust your lifestyle to what you can afford. ....

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