There has been reports of emerging science with regards to the brain matter, specifically showcasing the cause of stress to cause investors to make impulsive, high-risk decisions about their finances. According to Bloomberg (2019), South Africa was rated the second-most stressed country in the world. Therefore, it can be said that there is uncertainty...
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What happens to your debt when you die?
A deceased estate is a term for your assets, income, and liabilities after you pass. This is vested in the Master of the High Court, who appoints an executor to manage the affairs of this estate – including: collecting assets, liquidating the estate’s liabilities, and distribution of the balance to heirs. The executor is...
Living annuity vs life annuity
Once you opt to retire from a retirement savings product, two-thirds of your funds need to be invested into a living or life annuity. If you have reached retirement (55), the time to draw an income from your retirement savings is now. People who have retired have two options, to purchase either a life...