Partnership for Life

Evergreen Lifestyle delivers cost-saving retirement solutions

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Despite the Reserve Bank's announcement of a 25bps repo rate cut last week, the South African economy remains under pressure, with inflation, interest rates, and the cost of living at an all-time high. This has placed a heavy financial burden on retirees, particularly those living on fixed annuity incomes, and modest pensions.

With limited disposable income - and the likelihood of living well beyond retirement age, thanks to healthier lifestyles and advances in modern medicine - many approaching retirement face a worrying question: will my savings last as long as I will?

Recognising these concerns, Evergreen Lifestyle has refined its Partnership for Life promise, introducing a suite of cost-saving measures designed to offer financial stability and peace-of-mind. These initiatives include:

Reduced Upfront Costs - The Evergreen Life Right model eliminates expenses such as transfer duty, VAT, registration fees, and capital gains tax.

Flexible Pricing - Offers up to 20% off the purchase price, with a corresponding adjustment to the capital returned on termination of the Life Right.

Affordable, Transparent Levies - Levies are calculated and communicated up to two years in advance, allowing for predictable financial planning.

No Special Levies - The developer retains ownership of the property and is responsible for its maintenance and upkeep.