These will help the employer with the on-boarding of new employees, while also helping employees determine how much they should be saving for their retirement.
All that employees have to do is watch a video to understand how starting to save early can affect the quality of their lives in retirement and then use the retirement calculator to determine how much they should be saving each month. Anyone can use these illustrative values as guidance, but we also advise that employees seek sound face-to-face financial advice.
Most people have a picture of their retirement in mind – perhaps you’re dreaming of travelling the world, playing golf, or working in your beautiful garden. In order to secure a comfortable retirement and plan for the future, you first need to have clear picture of where you currently stand in terms of your retirement fund.
The Sanlam My Retirement app gives Umbrella Fund Members direct access to valuable information and insights.
The Sanlam My Retirement app is available for download on Apple and Android, and free of charge to all members. Before downloading the app, be sure to read through the My Retirement App registration document for Members
Your first day of employment includes a lot of admin work and forms to be completed. One such form is the application to become a member of the company retirement fund – something that is seemingly very unimportant on day one. However, our research has indicated that the first day of employment can be crucial in terms of retirement provision as employees are in most cases also required to pick a contribution level which can have a material impact on their standard of living in retirement. To assist you with this decision, Sanlam has put together a video and calculator which will provide you with the necessary context and insight.
Find out how saving for retirement can be easy.
Find out how much you should put away for retirement each month.
When you completed the application to become a member of the company retirement fund, you may not have had the opportunity to spend enough time thinking about the importance of the decision you had to make. To assist you with making sure your decision was the right one, Sanlam has put together a video and calculator which will provide you with the necessary context and insight.