Diversify your property exposure internationally

The most important thing you can do to secure your financial future is to start saving for your retirement as soon as possible.

But where do you start? When you join a company, you will be given the option of invest in a pension or a provident fund, each of which has different benefits and potential drawbacks.

For instance, if you are invested in a pension fund at retirement, you can take a maximum of 1/3 as a cash lump sum. The rest of the money is invested in a pension annuity, which pays out an income every month based on the capital you have at retirement.

Alternatively, investing in a provident fund allows you to take the full amount as a cash lump sum, leaving you with the responsibility of making sure it lasts you through your lifetime.

These are not easy decisions and will make the difference between a financially secure or a stressful retirement. Holborn Assets can help you put together a holistic plan of what you want for your retirement so that you can make the right choices now and benefit from them in the many years to come.