The Discovery Retirement Optimiser is a retirement savings investment that provides you with a lump-sum enhancement to your retirement savings at your selected retirement date. This plan is suitable if you're a Discovery Life Plan owner who wants to increase your savings before you retire and get more out after you retire.
Features of our Discovery Retirement Optimiser
Your investment growth is tax-free and can be deductible from your taxable income.
You cannot withdraw your savings until age 55, which means that you preserve your savings for retirement.
There are regulatory guidelines on where you can invest your retirement savings and there is no guarantee of investment performance.
There are fees that apply to your investment. Speak to your financial adviser for a detailed quote.
Designed with simplicity and flexibility in mind
You can invest a monthly contribution from as little as R750, depending on the term to the chosen retirement date from the investment start date.
Monthly recurring contribution
Term and minimum investment amount
Between 10 and 15 years
R1,000
15 years and more
R750
We make healthy investment choices even more rewarding
Our retirement plans are designed to help you create financial independence in retirement by rewarding you with boosts and fee discounts for taking proactive steps to manage your money.
Enjoy a wide choice of funds to invest in
Your plan is a collection of funds. Once you have chosen your investment plan, you can decide which funds to invest your money into. Your decision should align with an investment strategy that you and your financial adviser agree on, and the investment goals you have.
We offer you access to a range of unit trust funds across various investment managers through a single-entry point. This means you can invest in our investment plans and choose investment funds that are managed by leading investment managers.
Educational content to help with decision making
Is saving for retirement a blip on your radar, or is it a worry that keeps you up at night? Either way when you understand how relevant saving for retirement is, you'll be enabled to make the right decisions, and reap the peace of mind that it brings. Get to the bottom of retirement basics here.