Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1966
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income
Escalation
10 Year Guarantee
Nil Guarantee
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R7 997.08
R5 188.78
R7 292.28
R7 296.87
Just SA
Lifetime Income 1
R8 439.83
R5 535.04
R7 578.67
R7 626.60
Liberty Life
Life Annuity
R8 108.87
R5 166.50
R7 468.10
R7 471.02
Metropolitan
Life Annuity
R8 342.13
R5 399.36
R7 395.04
R7 414.76
Momentum
Life Annuity
R8 196.40
R5 294.58
R7 345.67
R7 349.17
Old Mutual
Max Income for Life
R8 332.07
R5 426.86
R7 409.11
R7 431.56
Sanlam
Life Annuity
R7 768.27
R4 990.25
R6 930.57
R6 940.56
1: Quote based on an assumed socio-economic status. Just SA offers optional socio-economic, lifestyle and health underwriting that may result in a higher annuity rate based on a client’s unique circumstances.
Compulsory Annuity Plans - Female born 1-1-1966
Product Provider
Product Name
Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1966
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income
Escalation
10 Year Guarantee
Nil Guarantee
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R7 633.83
R4 712.77
R7 292.28
R7 296.87
Just SA
Lifetime Income 1
R7 998.83
R5 031.53
R7 578.67
R7 626.60
Liberty Life
Life Annuity
R7 793.12
R4 811.86
R7 468.10
R7 471.02
Metropolitan
Life Annuity
R7 855.86
R4 833.35
R7 395.04
R7 414.76
Momentum
Life Annuity
R7 691.67
R4 757.06
R7 345.67
R7 349.17
Old Mutual
Max Income For Life
R7 850.00
R4 853.77
R7 409.11
R7 431.56
Sanlam
Life Annuity
R7 372.41
R4 472.43
R6 930.57
R6 940.56
1: Quote based on an assumed socio-economic status. Just SA offers optional socio-economic, lifestyle and health underwriting that may result in a higher annuity rate based on a client’s unique circumstances.
Voluntary Annuity Plans
Product Provider
Product Name
R 1 million Investment (natural persons)
Monthly annuity income
5 year term certain
0% tax applicable
Gross Income
Taxable Portion
Tax Free Portion
Just SA
Term-Certain Income
R18 897.99
R2 231.32
R16 666.67
Liberty Life
Annuity Certain
R18 876.08
R2 209.41
R16 666.67
Old Mutual
Max Income for Term
R19 215.66
R2 548.99
R16 666.67
Growth Plans - using 3.45% as the Financial Advisor Fee
Product Provider
Product Name
Guaranteed return on Investment of R100 000
for a 5 year term for a natural person
FA fees taken = 3.45% incl. VAT
Guaranteed return on Investment of
R1 000 000 for a 5 year term for a natural person
FA fees taken = 3.45% incl. VAT
Rand Amount
%
Rand Amount
%
1 Life Insurance
1Life Guaranteed Future Value Investment
R136 072.59
6.35%
R1 360 725.86
6.35%
Discovery Invest
Discovery Guaranteed Growth Plan
R126 753.45
4.86%
R1 300 574.00
5.4%
Just SA
Structured Endowment1
no rates available
0%
R1 315 259.85
5.63%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 304 590.97
5.4%
Momentum
Guaranteed Endowment Option
R124 643.00
4.5%
R1 291 195.00
5.24%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R126 483.27
4.75%
R1 308 332.91
5.45%
Sanlam
Sanlam Fixed Return
R122 942.14
4.17%
R1 275 053.54
4.92%
1: JUST SA: This is a linked endowment. 2: The rates for the Guaranteed Investment Plan may change during the week. Please refer to Liberty Life for their latest rates.
Growth Plans - using 1.73% as the Financial Advisor fee
Product Provider
Product Name
Guaranteed return on Investment of R100 000
for a 5 year term for a natural person
FA fees taken = 1.73% incl. VAT
Guaranteed return on Investment of
R1 000 000 for a 5 year term for a natural person
FA fees taken = 1.73% incl. VAT
Rand Amount
%
Rand Amount
%
1 Life Insurance
1Life Guaranteed Future Value Investment
R138 592.45
6.75%
R1 385 924.49
6.75%
Discovery Invest
Discovery Guaranteed Growth Plan
R129 149.43
5.25%
R1 324 533.77
5.78%
Just SA
Structured Endowment1
no rates available
0%
R1 340 704.62
6.04%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 327 350.54
5.76%
Momentum
Guaranteed Endowment Option
R127 414.00
4.96%
R1 319 033.00
5.69%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R128 777.21
5.12%
R1 331 786.76
5.82%
1: JUST SA: This is a linked endowment. 2: The rates for the Guaranteed Investment Plan may change during the week. Please refer to Liberty Life for their latest rates.
Income Plans - using 3.45% as the Financial Advisor Fee
Product Provider
Product Name
R1 million Investment (natural persons)
Monthly annuity income
Capital Guaranteed
5 year term
0% tax applicable
FA fees taken = 3.45% incl. VAT
Gross Annuity Income
Taxable Portion
Discovery Invest
Discovery Guaranteed Income Plan
R4 445.85
R480.33
Just SA
Structured Endowment
R4 453.67
R482.35
Liberty Life
Guaranteed Investment Plan with Income
R4 502.75
R496.25
Momentum
Guaranteed Endowment Option and Income
R4 302.16
R557.23
Sanlam
Sanlam Fixed Return with Income
R4 134.32
R526.33
Income Plan - using 1.73% as the Financial Advisor Fee
Product Provider
Product Name
R1 million Investment (natural persons)
Monthly annuity income
Capital Guaranteed
5 year term
0% tax applicable
FA fees taken = 1.73% incl. VAT
