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Retirement Central™ - Paramount Voting Booth

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  • A fall of 30% of your retirement fund means a need to work an extra 5 years underlining the risk to your retirement income of volatile investment markets
  • The average South African retires with funds that are only able to provide an income in retirement of 29.5% of pre-retirement income. This has resulted in income maximisation becoming the number one priority of retiring South Africans
  • The current South African retail market for annuities is R20 billion. 30% (R6 billion) of the market will qualify for an income enhancement based on their Lifestyle and Medical statuses
The Paramount Fixed Annuity takes account of an individual's Medical and Lifestyle statuses in order to enhance and maximise your retirement income.
 
The table below illustrates examples of enhanced income.
 
 
Non Smoker & No Medical
Smoker
Heart Attack
Smoker and Heart Attack
Smoker, Heart Attack and Diabetes
HIV with ADL Underpin
Accountant
0%
21%
38%
48%
60%
98%
Clerk
2%
23%
40%
51%
62%
101%
Bus Driver
5%
26%
43%
53%
65%
104%
Miner
7%
28%
45%
56%
67%
106%

 

For further information on products available please go to:
 
 
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Paramount Life is an authorised financial services provider and is underwritten by Guardrisk Life Limited.