Save today for retirement healthcare
We don’t picture retirement involving an ambulance ride. But rising healthcare costs as you age can put pressure on your finances. Play it safe by starting an Investo Retirement Annuity (RA) from Momentum Savings.
Grow your money with a savings plan that’s your 911 for unexpected healthcare costs in retirement.
- Beat rising medical inflation with growth.
- Get tax breaks to boost your retirement savings.
- Get rewarded with a bonus for staying invested.
Why save for healthcare costs in retirement?
Many South Africans find it challenging to retire comfortably. A key aspect of effective retirement planning is accounting for hidden costs, such as rising medical expenses as we age and the impact of medical inflation, which outpaces general inflation by 3 to 4%.
Adding an Investo Retirement Annuity from Momentum Savings dedicated to medical costs to your existing retirement benefits portfolio puts you in a better financial position when you retire.
Benefits of a retirement annuity for medical expenses
Apart from the substantial discount you get back from the tax man for every rand you put into your retirement annuity, you’ll be prepared for medical expenses, which form part of the biggest costs to plan for in retirement.
How to maximise savings with an RA from Momentum Savings
When you take out an Investo Retirement Annuity from Momentum Savings, you get many benefits to help your money grow faster (and further!).
Need retirement planning advice?
Without proper retirement planning, rising medical costs can significantly cut your income, leaving you vulnerable.
Connect with a financial adviser to explore how an Investo RA from Momentum Savings can help you maximise your savings for a secure, worry-free retirement.