Saving for retirement can be hard because it seems far away, while obligations like supporting family members seem immediate. Our retirement plans are designed to help you create financial independence in retirement by rewarding you for taking proactive steps to manage your money and health with boosted investment returns.
Work out the Discovery Boosts you can earn on your investment
Key features of our retirement plans
Personalised products that suit your needs
We know not everyone is at the same stage in their retirement savings journey. That's why we design our products to meet your personal needs. Whatever stage you're in, we have a retirement investment that's right for you.
Unique boosts and rewards
We reward you for healthy financial and lifestyle behaviour with boosts, extra returns and fee discounts to help secure your financial future.
Access to a wide range of investment funds
We have a wide range of funds available to meet your investment needs, with almost 200 funds from leading investment managers to choose from. Your financial adviser can help you decide which funds to invest your money into.
Extra protection benefits
With our retirement plans, you can get protection benefits against life events and poor market conditions. This can help you get the best returns from your investment and secure your financial future.
We reward healthy financial and lifestyle behaviours with boosted investment returns
An increasing average life expectancy means you need more savings to maintain your lifestyle in retirement. So start investing as early as possible, save more and invest longer to extend your investment term to benefit from compound interest and our boosts.
Invest longer
Living longer means you need more savings to maintain your lifestyle. So start investing as early as possible and extend your investment term and benefit from compound interest and our boosts.
How we reward you when you invest for longer
You can get a boost to your investment when you keep your money invested for long as possible. This boost can be up to 20% of your initial investment amount. Here is an example of how you can get rewarded for investing longer.
Zoe, a 30-year-old, starts saving for retirement early. She invests R300 000 in a Retirement Annuity. For investing longer, we give her an upfront boost of 20%, increasing her investment to R360 000
If her investment grows by 8% a year, it will be worth R5.32 million when she's 65 (compared to R4.44 million without a boost). If she retires at 70, she gets an extra boost from us and more growth, making her investment worth R8.6 million.
Invest more
Investing more money towards your investment goals makes it more likely that you will get the lifestyle you desire and reach your goals. You can also benefit from our unique boosts.
How we reward you when you invest more
You can get rewarded with extra boosts and fee discounts when you invest more money towards your investment goals. Here is an example of how you can get rewarded for investing more.
Five years after her initial investment, Zoe contributes an extra R60 000 into her Retirement Annuity. We reward her for investing more with a boost to this extra contribution of 20%, bringing her total extra contribution to R72 000.
If her fund achieved a growth rate of 8% each year after fees, Zoe's fund will be worth R6.05 million when she turns 65. If Zoe makes an additional contribution each year of R60 000, her fund value, including boosts, will be worth R17.13 million when she turns 65.
Live well
Managing your health and wellness will allow you to enjoy the financial wealth you are creating, now or later in life. We offer extra returns for being proactive about your health and money.
How we reward you when you live well
You can get an extra return of up to 2% each year on your investment for being healthy, driving well, and managing your money well. Here is an example of how we boost your investment when you choose to live well.
Zoe engages with our Vitality programme. She reaches Gold Vitality Health status, Silver Vitality Money status and Bronze Vitality Drive status. Based on her engagement in Vitality, her Retirement Annuity, including her boost, will grow by an extra 1.45% each year.
We have online tools to help guide you
With our customised online boost calculator, you can see how much fee discounts and boosted investment returns you can get based on your Vitality engagement, age and financial behaviours. Work out the boosts you can get on our Retirement Annuity and Preserver plans