28 August 2019
A sound financial future is something sought after by everyone, especially in the current unpredictable economic
climate in which we find ourselves. Setting aside funds for retirement, making wise investment choices, making your
hard-earned money work
for you, and providing enough for your family, are all financial priorities that many focus on.
In this blog post, we take a look at a few investment options available from Momentum, that can help ensure a secure
1. Namibia Flexible Investment
Available to Namibian residents, individual investors, trusts, companies, close corporations and non-taxable
entities, the Namibia Flexible Investment plan allows you to build your wealth and gives you the flexibility to
make additional contributions
whilst allowing you to access your funds when you need to. This allows you total control over your investment
allocation, through a range of local and international unit trusts.
This investment plan is ideally suited for you, if you want the flexibility of choosing when to stop, start or
change your investment contributions without any penalties, if you need a flexible investment term, if you want to
grow your wealth,
or if you want the flexibility to access your funds at any given time.
2. Namibia Retirement Annuity
The Namibia Retirement Annuity is a long-term retirement savings product designed to help you save in a
structured and tax-efficient way, giving you the ability to build up your savings during your working years,
providing you with an income,
for when you retire.
The Namibia Retirement Annuity from Momentum is suited for you if you want to save for your retirement or
supplement your existing retirement savings. It is also an ideal plan if you are self-employed, or if your
employer does not offer a pension
or provident fund. This annuity plan is likewise a well-matched plan for you if you seek flexibility, as it allows
you to stop and start contributions without incurring any penalties. If you need a tax-efficient retirement
or you want the flexibility to choose your underlying investment components then this is also a plan that would
work for you.
3. Namibia Retirement Income
As a retired individual, the Namibia Retirement Income is a living annuity designed to help you grow your
retirement savings and provide you with a regular income after you retire. This is a flexible post-retirement
investment which lets you participate
in the market during your retirement, with the added benefit of choosing an income withdrawal that suits you, and
also the ability to choose from a wide range of investment components to suit your needs and personal
This product is suited for you if you have retired from your employer’s pension or provident fund,
retirement annuity or preservation fund, or if you want the flexibility of choosing your investment components. It
also works if you want
the flexibility to change your income withdrawals yearly, if you want to grow your wealth and if you want to leave
the proceeds to your chosen beneficiaries when you die.
With the flexibility to change your investment as your needs change, you can add to your investment, edit
beneficiary nominations or switch between various underlying investment components. With the Namibia Retirement
Income, you cannot withdraw
any funds before retirement. You can only access your investment at retirement or early retirement due to
permanent disability, keeping your funds secure, for when you need them the most.
Preparing for your financial future should never be an after-thought. Always make sure you get in touch with a
broker or financial advisor that can assist you in finding the perfect fit for your financial needs, taking into
account your current