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Good day all, Our questions 1) If we need R50k a month to survive when we retire how much do we need to have invested in total ? 2) If the South African government implemented prescribed investments would it affect any investments which are not RA's ? Any input would be greatly appreciated. Have a great weekend all. Sideways

SaurusDNA, Thanks so much for your input, its really appreciated, could I please ask for your thoughts on.... 1) If we need R50k a month to survive when we retire how much do we need to have invested in total, as I intend to retire as soon as I reach this mythical figure and I have been given many different figures ranging from 10 mill to 17 x my final annual salary and none of it makes any sense ? 2) Lastly do you have any thoughts on the South African governments possible implementation of prescribed investments and how it would it could have an affect any of th

While there is certainly merit to the argument that on average, in the long run, passive investments perform at least as well as, if not better, than actively managed investments, the funds in which Momentum has invested your money (ie. Allan Gray, Coronation, Investec etc) have had phenomenal performance since their inception, and they are certainly not just your average actively managed funds. These funds are among the best South Africa has to offer with returns beating the benchmark year after year. Also remember that offshore has its (important) cons as well as its merits. Whil