by O'Hagan Attorneys | Aug 30, 2022 | Retirement Planning
What is Regulation 28 The management of retirement funds is highly regulated – as it should be. After all, these are your life savings we’re talking about! The key piece of legislation governing how retirement funds can be invested is called Regulation 28 of the...
by O'Hagan Attorneys | May 30, 2022 | Retirement Planning
The basics If you’ve never heard of the 4% rule, now would be a good time to acquaint yourself with it. The rule of thumb states that: If you withdraw 4% from your retirement portfolio annually (adjusted for inflation), your savings will last for 30 years. (Assuming...
by O'Hagan Attorneys | Nov 29, 2021 | Financial Planning, Life Insurance, Retirement Planning
When it comes to managing your finances, it’s easy to just take on what you hear from those around you. But, unfortunately, there is a lot that is said on the subject by many people that is at best unhelpful and at worst just plain wrong. Even some so-called experts...
by O'Hagan Attorneys | Jun 29, 2021 | Financial Planning, Retirement Planning
“Creditors have better memories than debtors.” (Benjamin Franklin) At the time, it might seem like no big deal. When the bank won’t give your child or sibling or friend a loan, and they ask you to stand surety, it’s easy to think that you’re just doing a good deed by...
by O'Hagan Attorneys | May 31, 2021 | Retirement Planning
“Live long and prosper” (Vulcan salutation from Star Trek) One of the biggest risks that retirees face today is outliving their savings. Thanks to medical advances, we are all living healthier, longer lives. But we have to appreciate what that means for our money. In...
by O'Hagan Attorneys | Apr 30, 2021 | Quote of the Month, Retirement Planning
Patrick Sheehy, head of product management at Glacier by Sanlam: “The way you think about retirement makes all the difference in ensuring yours is a successful and fulfilling one. To adapt and succeed, a change to our traditional mindset is necessary. Retirement is a...
