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Retirement Planning

Be life confident

From both a personal and financial perspective, retirement is one of the most important and challenging life events you will have to face, planning for a comfortable retirement can be an incredibly extensive and challenging process. While all of us would like to retire comfortably, the complexity and time required in building a successful retirement plan can make the whole process seem nothing short of daunting. By doing a little bit of homework and committing to a plan you can achieve a sustainable savings and investment plan.

Why Choose Rockfin Retirement Planning?

Peace of Mind

Reduce your stress during retirement, and in the years leading up to it.

Tax Benefits

Reduce the amount of income taxes you will pay during retirement.

Legacy Opportunity

Provide benefit to your heirs or your favorite charitable causes.

How We Can Help You

Business: Retirement Savings

When you partner with Rockfin, you’ll get personalized consulting from a retirement plan specialist who is committed to designing the plan that meets your specific objectives and helps your employees achieve their long-term goals. How can a Rockfin retirement plan help me and my business?

  • Tax benefits and savings: At retirement, you may take up to a third of the proceeds in cash, which could be totally, tax-free. If you don’t need the money right away, you can choose to leave your investment in your retirement annuity, where it will continue to earn grow, yielding even grated returns.
  • Protected source of income: Retirement annuities are one of the safest investments available, providing you with a steady and reliable source of income in your golden years.
  • Extended investment period: New legislation makes it possible to join a new or continue your retirement annuity after the age of 69.
  • Protected investment: Your retirement annuity is protected against creditors as these investments do not form part of your business and are protected under your personal estate.

Personal Retirement Plans

Here at Rockfin, we can work with you to help ensure you stay on track to meet your long-term goals, so you can make the right decisions now, and as your circumstances change. You can rely on us to:

  • Help you set realistic savings goals that fit within your budget.
  • provide additional tools that allow you to analyse your savings strategy.
  • Develop an approach that aligns with your investment preferences and risk tolerance.
  • Discuss the features of your plan, so you can be sure you’re getting the most out of the benefits offered.


How will longevity affect my retirement planning?

If you lived in Classical Rome, you would probably have died before you were 30 years old. So retirement was not relevant. However, in the 1900’s, 30 years old was considered a good age. The world average increased to 48 years in 1950, and today it is 71.5 years. The general trend is for humans to live longer due to improved lifestyles, health services and medication, so if you plan to stop working at age 60 or 65, you still need to provide for your lifestyle for another 25 years. It is essential to start investing for retirement as soon as you start to earn an income.

Why should I retire?

A retirement date is usually written into a contract of employment. However, some companies allow staff members to continue working after retirement on a consulting basis with reduced company benefits such as risk benefits/medical aid, etc.

Retirement might only be a financial transaction, and not necessarily the end of a working career, and a retiree’s career may take off in a completely different direction with unforeseen opportunities arising due to the change.

It is important to prepare psychologically for retirement well before the time, as it is a major change in lifestyle, and perhaps financial, circumstances. Statistics indicate that unprepared retirees can suffer from depression if they do not have other interests, or don’t feel productive or useful to society. This can impact the entire family.

Could retrenchment affect my retirement plan?

Retrenchment can dramatically affect retirement planning due to an interruption of contributions towards retirement investments. Pension/provident fund members have the option of transferring funds into a preservation fund, or withdrawing them. The latter is an expensive choice due to the tax payable on withdrawal, the loss of compound growth on retirement capital and ceasing of monthly contributions.

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