Candidate B earns R25 000 per month on a cost to company basis and is a member of the company retirement fund. The retirement fund also provides life and disability benefits.
Candidate B noted that she would require approximately R20 000 per month after tax in real terms once she had reached retirement. Candidate B would probably not retire outright but would reduce her hours once she reaches age 65.
Candidate B had just inherited approximately R850 000 from her mother and needed advice as to how to deploy these funds. She wanted speci f ic i nput a s to whether she should cont i nue r ent i ng, buy a property to live in or buy