Pieter Koekemoer talks to the ‘cost’ of accessing the new ‘savings pot’ as part of the Two-pot Retirement System, effective September. While a welcome inclusion in the case of an emergency, its long-term impact may significantly diminish one's retirement savings and standard of living later in life.
It’s understandable that in times of high interest rates, investors are attracted to the ‘safety’ of cash or fixed-rate term deposits, but over the long term, it is equities that will provide the returns that will beat inflation. Watch now to find out why.
How to maximise your potential returns and reduce costs and taxes over time to secure your retirement, build wealth, and enable your investments to grow tax-free.
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