Talking finance with Bryan Hirsch

As this is the last Tuesday of the month, we will be dealing with questions that have come in during the month through my radio line, that are of a similar nature. We will also take calls and SMS’s on General Financial questions on this day.1. How do I calculate how much life assurance I need?2. I have received a letter from my insurance company informing me that my RA is falling due. I am still working. Should I continue or just stop it, or start drawing?3. Should I take into account my group life cover under my pension fund when calculating how much life assurance I need?4. How do I know how much to draw from my living annuity?5. I am changing jobs and wondered whether I should take my pension money, pay the tax and pay off my bond or preserve it? How do I do the calculations?6. Can one achieve enough income from a share portfolio after tax, compared to money in a money market account, where you are paying a maximum rate of tax?7. I have got R438 000 worth of shares made up of 6 shares. Should I rather be investing in Satrix?8. I am looking to park R100 000 which I will need in the next 6 to 12 months. Should I invest it?9. What difference can it make to delay retirement for 5 years?10. What will happen when governments bring in preservation of retirement savings when I leave my job, and I cannot live?Guest (studio): Bryan Hirsch, Chairperson of Bryan Hirsch, Colley & Associates (Pty) Limited