PWG had a stall at the 2023 Beeld retirement expo held on Saturday 10 and Sunday 11 June 2023 at The Maslow, Time Square, Menlyn Maine, Pretoria.
It was an opportunity to showcase our company, our advisors and our suite of products and solutions.
Our Risk and Wealth Planners and our Short-Term Advisors worked in shifts to connect with and answer questions from the public.
PWG offered a R5 000 lump sum Retirement Annuity Prize on a lucky draw basis. The prize winner could utilize the prize for him- / herself, a child or grandchild.
Compound interest over the long term can make a huge difference in the life of a child or grandchild!
The future value of a R5 000 lump sum exits annuity with no further contributions, at 10% investment return per year over different terms:
|
Term |
Future value |
|
10 years |
R12 968 |
|
20 years |
R33 637 |
|
30 years |
R87 247 |
|
40 years |
R226 296 |
|
50 years |
R586 954 |
The future value of a R300, R500 and R1 000 per month exit annuity that rises at the rate of inflation (6%) per year, at 10% investment return per year over different terms:
|
Term |
R300 pm contribution future value |
R500 pm contribution future value |
R1 000 pm contribution future value |
|
10 years |
R76 117 |
R126 862 |
R253 725 |
|
20 years |
R333 744 |
R556 241 |
R1 112 482 |
|
30 years |
R1 109 767 |
R184 961 |
R3 699 224 |
|
40 years |
R3 315 632 |
R5 526 053 |
R11 052 107 |
|
50 years |
R9 382 820 |
R15 638 034 |
R31 276 068 |
Feel free to contact us for a free consultation re the above or any other financial needs and services you may have.