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In South Africa, with a population of around 60 million, approximately 500,000 to 600,000 people retire each year. That means every month, 42,000 to 50,000 people are transitioning into retirement. If you’re one of them, or if you’re already in retirement and looking at your financial options, Everest Wealth should be on your radar.
Here are the seven reasons why I personally chose Everest Wealth for myself and for my clients:
No Hassle of Fund Selection
One of the most challenging tasks for any investment advisor is assisting clients with fund selections. It’s a bit like gambling. We don’t have a crystal ball, and most fund selections are based on past performance—a flawed method, in my view. As Warren Buffett famously pointed out, even many professional fund managers struggle to beat low-cost index funds over time due to fees and market unpredictability. Buffett even won a $1 million bet proving that an index fund would outperform hedge funds over ten years.
With Everest Wealth, retirees don’t have to worry about fund selection at all. You choose between four products, and that’s it. It simplifies the process, eliminating the need for constant portfolio adjustments.
100% of Your Capital is Invested
Everest Wealth absorbs all initiation fees and costs. That was a huge selling point for me and one of the main reasons I got my 1.8 accreditation, enabling me to offer Everest products to my clients. Traditional products often struggle to outperform inflation, and negotiating fees while ensuring growth is a tough balancing act. With Everest, the issue is eliminated—100% of your capital goes to work for you.
Consistent Double-Digit Returns
Over the last four years, both my clients and I have experienced consistent double-digit returns with Everest. The company’s goal is to provide stability and predictability, and they’ve succeeded. In the past nine years, Everest has only amended its returns twice—and both times, the returns increased. This consistency is crucial for retirees who need reliable growth without constantly monitoring the markets.
Special Dividend at Year 5
Two of Everest’s four products offer a special dividend in year five or at month 60. This feature not only rewards investors but also helps manage and plan for inflation. Clients can receive up to a 10% bonus every five years, adding an extra layer of financial security and growth.
Diverse Private Equity Assets
Everest Wealth’s portfolio is diverse, covering a wide range of private equity assets. Their strategic investments include food, property, hospitality, green energy, mining, and information technology. What does this mean for you? Yields from these sectors are independent of the traditional stock markets, which helps to shield your investments from market volatility and global economic shocks.
Invest Before the 22nd of the Month
If you invest before the 22nd of any given month, you will receive your first dividend on the 1st of the following month. This fast-track approach ensures that your money starts working for you almost immediately.
Tax Efficiency: Dividend Tax Instead of Income Tax
When you choose Everest Wealth, you benefit from tax efficiency. Unlike traditional income tax, which can erode your returns, dividends are taxed at a lower rate—20% for individuals and 0% for companies. This makes Everest an attractive option, particularly for high-net-worth individuals and those looking to minimize their tax liabilities during retirement.
Who Should Consider Everest Wealth?
We focus on helping people who fall into these key groups:
1. Pension Fund Members
Between 300,000 and 420,000 pension fund members retire in South Africa each year, representing 5% to 7% of the total workforce nearing retirement. If you’re part of this group, have you considered how your current retirement plan will perform in the long run? Everest Wealth could provide the stability and tax efficiency your plan is lacking.
2. Investors With R10 Million or More in Assets
We’re specifically targeting the 6% or fewer retirees who are financially free at retirement. If you’re looking to ensure your wealth continues to grow while being as tax-efficient as possible, Everest Wealth offers the perfect solution with consistent double-digit returns.
3. Retirees Concerned About Their Current Living Annuities
If you’re worried that your current living annuities aren’t delivering the returns you need for a comfortable retirement, Everest Wealth can help. We specialise in assisting retirees in switching to Everest, where you can benefit from higher, more consistent returns and better tax outcomes.
If you’re nearing retirement, or already in it, now is the time to review your plan and explore how Everest Wealth can help you secure the financial future you deserve. Let’s discuss how you can take advantage of these seven key benefits to grow and protect your retirement savings.
Q&A
Is Everest Wealth only for retirees?
No absolutely not their living annuity is for people with compulsory money at the age of 55 and older. But a person or business or trust with surplus capital can use the 2 x volantary products. Refer to my blogpost about Capital Events
What is the minimum investment
R100 000 One Hundred Thousand Rand
Why Choose Everest Wealth?
• Stability in returns: consistent growth over the last 9 years.
• No initiation fees, meaning 100% of the capital is invested from the start.
• Tax efficiency through dividend-based returns.
What is Everest Wealth's investment strategy?
Everest Wealth specialises in alternative investments and offers a diverse portfolio across multiple sectors, including food, agriculture, property, and private credit. They focus on providing stable, consistent returns rather than chasing the highest performance. This approach helps protect clients from market volatility, particularly in uncertain times like elections or economic downturns.
2. How has Everest Wealth performed in recent years?
Over the past few years, Everest Wealth has consistently delivered double-digit returns for its investors, with their portfolio valuation approaching R4 billion. Their commitment to capital preservation and diversification is a key reason behind this performance. They also highlight their focus on low fees, making their investment products accessible to a broader range of clients
3. What is the two-pot retirement system, and how does Everest Wealth view it?
With South Africa's new two-pot retirement system, Everest Wealth has issued advice regarding possible delays in fund access and the tax implications of withdrawals. They recommend cautious use of this system to avoid diminishing retirement savings [oai_citation:2,Everest Wealth Profile: Commitments & Mandates | PitchBook](https://pitchbook.com/profiles/limited-partner/597704-23) [oai_citation:1,An ever-evolving investment world – an ever-evolving Everest Wealth – BusinessTech](https://businesstech.co.za/news/industry-news/788960/an-ever-evolving-investment-world-an-ever-evolving-everest-wealth/).
For more detailed information on these topics, you can explore Everest Wealth's [website](https://everestwealth.co.za) and related articles like their profile on [PitchBook](https://pitchbook.com).
Albert Schuurman
Licenced with the FSCA to sell unlisted shares and accredited with Everest Wealth
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