STANLIB’s Post

Retirement fund administrators have identified misinformation and misconceptions as one of the main barriers to members’ understanding the new system and how it will affect them. Most members barely understand the current system, which makes it very difficult for them to grasp how the two-pot system will work. Watch the full video for further insights: https://buff.ly/4fM6qha #twopot #twopotsystem #retirement #retirementfund #savingspots #gtc #leadingfinancialservice #twopotexplained

Retirement marks a significant life transition and understanding your options is crucial for securing a comfortable and fulfilling future. While many individuals approach retirement planning with diligence, some common misconceptions can lead to critical mistakes. 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐫 𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐬𝐜𝐡𝐞𝐦𝐞𝐬: While they're a fantastic benefit and often make up the main portion of your retirement fund, with the support of a Lync Wealth financial adviser, they can help you to explore methods to boost your retirement income in order to build a robust safety net. Your future deserves a custom strategy, not a one-size-fits-all approach in order to create a retirement plan specific to your goals. *A pension is not normally accessible until 55 (57 from April 2028). Investments carry risk. #MythBusting #MythVsFact #RetirementPlanning https://hubs.li/Q02r2Gv90

This video explains the two-pot system in simple terms. It provides a basic overview of why the two-pot system is being introduced, the purpose of the “pots”, and what the new system means for withdrawals before and at retirement.

🏠 Unlock Your Property's Potential for a Comfy Retirement! 🌟 Have you considered how leveraging your property assets could improve your future? By strategically optimising your investments, you can enhance your financial growth and set yourself up for a secure and comfortable retirement. Imagine enjoying those golden years with the freedom and peace of mind that comes from smart property decisions. Why wait to unlock the full potential of your investments? Connect with us today to explore how we can help you maximise your property assets and pave the way for a prosperous retirement! Visit our website for more information: https://lnkd.in/eR6_JNwC #PropertyInvestment #RetirementPlanning #UnlockPotential #SmartInvesting #FutureProof #WealthBuilding #ComfyRetirement #InvestWithConfidence

Optimising Retirement Outcomes for Super Funds  Super funds today face numerous challenges – but at the heart of them all lies the fundamental purpose: delivering optimal retirement outcomes for members. In this article, we suggest some crucial questions for funds to ask themselves to break down the complexities of retirement. #SuperFunds #RetirementPlanning #FinancialServices #MemberEngagement #PwCAustralia #RetirementOutcomes https://lnkd.in/gBfCJF_e

Dreaming of a comfy retirement? Start now! 🌟 Thinking about your future can seem a bit boring when you're young and doing well. It's easy to want to spend all your money on fun stuff right now. But what if I told you that making smart moves today could mean a stress-free, financially secure tomorrow? 💰 Saving up for retirement isn't just for those nearing their 60s. It's about setting up your future self for success. Whether it's through savvy saving strategies, making smart investments, or understanding the ins and outs of pensions, starting early is key. You don't have to figure it all out on your own. What are your top questions or tips about planning for a secure financial future? Let's build our knowledge together and help each other out. #FinancialFreedom #RetirementPlanning

Retirement fund administrators have identified misinformation and misconceptions as one of the main barriers to members’ understanding the new system and how it will affect them. Most members barely understand the current system, which makes it very difficult for them to grasp how the two-pot system will work. Watch the full video for further insights: https://buff.ly/4fGvSVt #twopot #twopotsystem #retirement #retirementfund #savingspots #gtc #leadingfinancialservice #twopotexplained

Having a pension fund doesn’t mean you have a retirement plan… You need to know if your ‘pension pot’ will provide you with the income you need for a happy retirement. So it's important that you prepare for the life you want to live when it’s time to stop working. Understanding the options available to you (and making required changes) can ensure you have enough ‘in the pot’ when you need it. #financialplanning #financialsecurity #retirementplanning #internationalwomensday2024 #ad

More than a million members have already applied to withdraw money from the newly created savings pots within their retirement funds. More may apply for extra cash before December. Some members have been unable to withdraw and may not understand why. A lot of members probably do not appreciate all the implications of withdrawing. The first in our series of two-pot retirement videos explains the things members should consider before withdrawing. Please share it with members of your fund, employees, clients, co-workers and other retirement fund member you know who is considering a withdrawal. #smartaboutmonet #financialeducation #twopot #twopotsystem #twopotretirementsystem

Curious about where you stand with your #retirement goals? Click here to download Fidelity Canada’s Retirement Report, and reach out to us today to book your free one-on-one consulting session with a CFA charterholder! #Investing #Saving #Retire #Wealth #Finances #FinancialFreedom