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The Eurozone has just experienced a rate cut, earning savers a stingy 0,5% for their efforts. The Australian Reserve Bank followed soon thereafter, resulting in an all-time low interest rate of 2,75%. There are rumours that Reserve Bank Governor Gill Marcus might follow suit. These rumours are not good news for those living on their investment income.
Will she? Won’t she? Either way, Nedbank has you covered … [read why]
How likely are you to have R6 million in savings and investments at your disposal when you turn 60? If you are planning to retire at age 60, this is the amount of money you will need to ensure that you have at least R15, 000 a month before tax to live on without eating into the real value of your capital amount. ↓ Read the rest of this entry…
Botswana is well known for having some of the best wilderness and wildlife areas on the African continent. With a full 38 percent of its total land area devoted to national parks, reserves and wildlife management areas – for the most part unfenced, allowing animals to roam wild and free – travelling through many parts of the country has the feeling of moving through an immense Nature wonderland.
“My father is only 72 years old. I remember him as the rock in my life – he was a tall, strong, well-built, joyful man. That man is no longer. He has become a thin shell of a man – he is fearful, he doesn’t trust anyone and he wanders. It’s just not fair – he should be enjoying his retirement years, not enduring this awful disease”. Our hearts go out to Jenny and her family.
