Keep strong relationship with advisor post-retirement

Retirement marks one of life's most significant transitions as individuals begin to rely on the financial strategies they've built over decades.

- Buntu Bam

While many people focus on working with a financial advisor during the years leading up to retirement, the role of this trusted partner remains essential after retirement.

A close relationship with your financial advisor post-retirement can ensure that your investments stay secure, that your income needs are met and that your estate is in order.

Here, we discuss key areas where ongoing financial advice can support a comfortable and secure retirement.

1. Retirement income planningFor most retirees, the goal is to create a sustainable income that will cover their needs and support a comfortable lifestyle.

In countries like South Africa, many struggle to achieve financial independence post-retirement, often relying on family or social support.

A well-thought-out retirement income strategy helps prevent this situation and financial advisors play a role in making this a reality.