Retirement Planning
Readers voice investment worries amid market uncertainty
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Three individuals have reached out to financial experts with concerns about stock market volatility and safe investment options. Ranging from retirement fears to inheritance management, their queries highlight broader anxieties in the current economic climate. Each seeks guidance on whether to shift assets to safer havens like money market accounts.
A financial wellness coach recommends factoring frail-care expenses into retirement plans after a reader shared subsidizing their mother's R30,000 monthly facility costs. With one in 10 people likely reaching 100, proactive planning can prevent children from facing similar burdens. Options include dedicated investment funds and specialized annuities.