Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1965
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income
Escalation
10 Year Guarantee
Nil Guarantee
Assupol Life
Ultimate Retirement Income 4Life
R9 122.38
R6 241.30
R8 416.79
R8 434.73
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R7 296.46
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 849.08
R6 115.93
R8 231.89
R8 237.94
Just SA
Lifetime Income 2
R9 094.31
R6 307.21
R8 486.44
R8 435.43
Liberty Life
Life Annuity
R8 785.24
R6 026.93
R8 289.08
R8 290.56
Metropolitan
Life Annuity
R9 032.72
R6 198.19
R8 198.71
R8 222.38
Momentum
Life Annuity
R8 884.52
R6 158.08
R8 196.36
R8 199.73
Old Mutual
Max Income for Life
R8 964.92
R6 178.69
R8 208.51
R8 235.16
Sanlam
Life Annuity
R8 680.96
R6 001.89
R7 970.20
R7 984.20
1: Assupol's Ultimate Retirement Income 4Life offers rewirement - this is a combination between a level and increasing income. For this scenario, the Rewirement factor is 4 and the income starts to increase yearly by 5% after 5 years. 2: 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 1-1-1965
Product Provider
Product Name
Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1965
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income
Escalation
10 Year Guarantee
Nil Guarantee
Assupol Life
Ultimate Retirement Income 4Life
R8 727.30
R5 750.32
R8 416.79
R8 434.73
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R6 742.62
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 565.38
R5 706.34
R8 231.89
R8 237.94
Just SA
Lifetime Income 2
R8 755.67
R5 890.17
R8 455.86
R8 404.02
Liberty Life
Life Annuity
R8 610.02
R5 778.51
R8 289.08
R8 290.56
Metropolitan
Life Annuity
R8 628.14
R5 692.98
R8 198.71
R8 222.38
Momentum
Life Annuity
R8 547.91
R5 700.71
R8 196.36
R8 199.73
Old Mutual
Max Income For Life
R8 579.41
R5 694.40
R8 208.51
R8 235.16
Sanlam
Life Annuity
R8 364.07
R5 528.06
R7 970.20
R7 984.20
1: Assupol's Ultimate Retirement Income 4Life offers rewirement - this is a combination between a level and increasing income. For this scenario, the Rewirement factor is 4 and the income starts to increase yearly by 5% after 5 years. 2: 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 807.53
R2 140.86
R16 666.67
Liberty Life
Annuity Certain
R18 046.78
R1 380.12
R16 666.67
Old Mutual
Max Income for Term
R19 002.50
R2 335.83
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
R132 878.38
5.85%
R1 328 783.76
5.85%
Discovery Invest
Discovery Guaranteed Growth Plan
R124 391.48
4.46%
R1 276 338.63
5%
Just SA
Structured Endowment1
no rates available
0%
R1 298 948.35
5.37%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 277 016.75
4.97%
Momentum
Guaranteed Endowment Option
R123 210.00
4.26%
R1 276 462.00
5%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R123 675.00
4.3%
R1 279 328.06
5%
Sanlam
Sanlam Fixed Return
R122 437.82
4.1%
R1 269 823.08
4.85%
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
R135 344.41
6.24%
R1 353 444.06
6.24%
Discovery Invest
Discovery Guaranteed Growth Plan
R126 742.81
4.85%
R1 299 851.91
5.38%
Just SA
Structured Endowment1
no rates available
0%
R1 324 046.73
5.78%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 299 317.13
5.33%
Momentum
Guaranteed Endowment Option
R125 949.00
4.72%
R1 303 845.00
5.45%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R125 918.05
4.67%
R1 302 262.03
5.37%
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 150.46
R423.78
Just SA
Structured Endowment
R4 254.55
R441.41
Liberty Life
Guaranteed Investment Plan with Income
R4 084.77
R351.52
Momentum
Guaranteed Endowment Option and Income
R4 094.74
R498.95
Sanlam
Sanlam Fixed Return with Income
R4 076.89
R514.80
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
