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Author: RS Editor

Spotlight on Eastlands Mature Lifestyle Estate

Eastlands Mature Lifestyle Estate in Benoni North combines luxurious sectional title investment homes with premium wellness, healthcare, and frail care services within a secure and picturesque setting. Geared towards active and self-reliant individuals aged 50 and above, Eastlands offers a valuable asset promising a rewarding lifestyle and long-term financial returns. The Lifestyle Centre prioritises health and fitness with amenities like pools, a gym, and a bowling green, while the Healthcare and Wellness Centre, managed by CareLife, ensures residents’ future healthcare needs are met with a homely touch. Eastlands also provides convenient services such as pet-friendly units, a restaurant, and robust security measures, making it an appealing choice for retirees and property investors alike.

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Meet Eastland residents – Nico and Ellen Martins

Nico and Ellen Martins, residents of Eastlands Mature Lifestyle Estate in Benoni North, moved to this over-50s community in March 2018 after thorough research on retirement choices. They were attracted to the peaceful countryside environment of the estate, as well as its proximity to both the airport and city amenities. The flexibility of choosing from various building plans, ranging from one and two-bedroom units to three and four-bedroom free-standing houses, was another factor in their decision-making process. Nico and Ellen also considered the estate’s comprehensive facilities, including home-based care, health and frail care services, security, home and garden maintenance, and a restaurant.

Before becoming Eastlands residents, Nico and Ellen had spent 31 years in their Glenvista, Johannesburg home, cherishing that period in their life journey. However, recognising the need for lifestyle changes in preparation for the future, they moved to Eastlands. Despite their attachment to their former area, the absence of Mature Lifestyle Centres comparable to Eastlands led them to make the move.

They particularly appreciate the beautifully maintained gardens with ponds and walkways and the convenience of housekeeping, laundry, and gardening maintenance services. The estate’s friendly residents and the opportunity to enjoy walks in the adjacent farming areas are added bonuses. The estate offers a well-established library, a boardroom for business meetings, and a restaurant with an extensive à la carte menu, daily buffet meals, and a bar service. The restaurant also hosts regular functions for entertainment and private resident gatherings.

In terms of their social life within the estate, while they continue to work from home several days a week, Nico and Ellen find comfort in knowing that numerous social activities are available when they choose to partake. They often go on motorcycle rides with a small group and frequently organise dinner gatherings with their close friends from the estate at the restaurant.

The estate offers a wide range of activities, including bowls, table tennis, bingo, quiz nights, card games, and fitness classes. There are also opportunities for gardening and crafting, including a hobby room for sewing, knitting, and crafting enthusiasts. When time allows, Ellen enjoys attending the Courage Girls, who arrange coffee mornings and host interesting speakers.

When asked if they had any additional insights to offer, they recommended that anyone contemplating a move to Eastlands should start by visiting the estate and enjoying a meal at the restaurant. For them, living in the countryside is a blessing, although shopping centres may be a bit farther away. However, the estate offers a weekly shuttle service to a shopping mall and an airport drop-off service. Eastlands is ready for possible water issues with large water tanks, and the Lifestyle Centre is not affected by loadshedding as it has its own generator and solar power.

How balanced is your life in retirement?

We firmly believe that achieving balance is fundamental to a successful retirement. Life encompasses various facets, and neglecting one can have a ripple effect on others. In the hustle and bustle of life, attaining balance often feels like an uphill battle; some areas are given more attention than others.

There is a fantastic quote by Jana Kingsford that says, “Balance is not something you find; it’s something you create.” Achieving balance is not passive; it requires active effort and conscious choices.

That’s why we have identified eight essential elements that form the foundation of a more balanced and meaningful retirement: work, give-back, relationships, money, learning, health, purpose and play.

It’s often a good idea to check in with yourself and reflect on how balanced your life is. As a reminder, let’s dive deeper into each area of the Wheel of Balance and explore what they encompass.

1. Work

Work in retirement goes beyond financial rewards and working 9-5! It’s about finding meaningful engagements that bring a sense of purpose to your life. Whether pursuing a passion project, starting a new venture, mentoring people or starting a side hustle, work adds structure and a sense of contribution to your retirement journey.

2. Give-back

Giving back is not limited to charity work; it’s about making a positive impact and leaving a legacy. It can involve volunteering, mentoring, or supporting causes that resonate with your values. Giving back to others lifts our spirits, makes us happier and makes our lives richer.

3. Relationships

True wealth lies in the people you share your life with. Cultivating and maintaining meaningful relationships and nurturing connections with family, friends, and community all lead to a fulfilling retirement.

4. Money

Money plays a significant role in retirement, but it’s not just about accumulating wealth. It’s about understanding your financial resources, managing them wisely, and aligning them with your desired lifestyle. Is your money serving you, or are you serving it?

5. Learning

Retirement is an ideal time to continue learning and expanding your knowledge. It could involve pursuing new interests and acquiring new skills. Embracing a curious and growth-oriented mindset keeps your mind active.

6. Health

Prioritising your physical and mental well-being is crucial. Regular exercise, healthy habits, and self-care practices ensure you have the energy and vitality to fully embrace life’s adventures.

7. Purpose

As we navigate through the various stages of life, our sense of purpose naturally evolves and transforms. With each stage, our priorities, values, and aspirations transform, guiding us towards new paths and allowing us to embrace the ever-changing nature of our purpose.

8. Play

Embracing play and leisure activities brings joy, relaxation, and a sense of rejuvenation. It’s about engaging in hobbies, creative pursuits, and experiences that bring you happiness and allow you to fully embrace the present moment.

Want to know how balanced your life is? Click here to take the Balance Test.

Chartered events – 2022

At the beginning of 2022, we were looking forward to hosting a combination of in-person and online events, and connecting with our clients – and the year didn’t disappoint.

We kicked off the year with a client vision boarding event which was a fantastic opportunity to set our goals and vision for the year. This was followed by The Jeremy Gardiner roadshow, which began in February with in-person events held in Johannesburg, Pretoria, Cape Town, Durban and Knysna.

Our first planned hybrid event was with Gareth Crocker; however, the Covid numbers increased dramatically, and the decision was made to make it online only, much to everyone’s disappointment. We have certainly not been short of great speakers this year, and clients enjoyed talks from Sean Brokensha — The Music Guru; Steven Sidley, who unpacked the world of Bitcoin for us; and Bruce Whitfield, who discussed how to thrive on the edge of chaos. Our Women’s Day event was a talk from author Helen Nicholson about her book Mindfulness: How to Stay Sane in an Insane World. Peter van Kets: adventurer, inspirational speaker and author inspired clients, regaling them with tales from his numerous extreme adventures and reminding us about the importance of leaving a legacy.

Financial markets have been a great cause for concern, so twice we hosted Victoria Reuvers, Managing Director, Morningstar Investment Management South Africa, who gave us market updates. Jeremy Gardiner, Director at Ninety-One, closed off the online events for the year in November, where he shared his insights into what the real concerns and opportunities are, and what is just noise.

It was wonderful to see our clients on the bowling green and golf course again this year. Bowls have once again proved very popular, and we have enjoyed three bowls days at the Bryanston Sports Club. A few clients have subsequently taken up bowls, which has been so encouraging to see. Our golf league is gaining momentum again, and we hosted golf days at Parkview, Wanderers and Randpark.

A new addition to our events this year was Bucket Wheel® Wednesday which we launched in June. We wanted to host smaller, more intimate events centred around the Balance Wheel, and they have proved extremely popular. Our first guest speaker was Alistair Meredith from Strauss & Co. who discussed a century of South African art in ten pictures. This was followed by a morning spent making sandwiches for Mandela Day in July, a walk around the Wilds in August, a writing workshop with Hamilton Wende in September, and a musical trip down memory lane with Sean Brokensha in October. Our final Bucket Wheel® Wednesday event for the year is a book club with Kate Sidley, where she will share her top picks for December reads, just in time for the holidays.

We are ending the year with a nostalgic trip around Johannesburg on the Red Bus, followed by lunch at Chartered.

We look forward to seeing you at our events in 2023!

Freehold Title, Sectional Title or Life Rights – what’s best for you?

When considering moving into a retirement village or estate, understanding the different types of ownership is essential before deciding what’s best for you.

  1. Freehold title
    Freehold or full title describes the transfer of full ownership rights when you own a property, including the building and the land on which it is built. These kinds of properties include free-standing houses, cluster houses, residential properties used for business purposes, and smallholdings. The freehold owner is responsible for all the bills and maintenance of the property, including taxes, insurance, upkeep, security, electricity and water bills. In addition, within gated communities like retirement estates/villages, there will be a monthly levy to cover services such as maintenance of the common areas, security, catering and healthcare. Some developments will retain a certain portion of the profits on resale to subsidise the levies owners pay.

  2. Sectional title
    Sectional title describes separate ownership of units or sections within a complex or development. When you buy into a sectional title complex, you purchase a section or sections and an undivided share of the common property. This is similar to a sectional title in a non-retirement development, where a monthly levy funds rates, insurance and maintenance of the complex. The scheme will have a board of trustees and a body corporate, through which all owners have a say in decision-making. As with a freehold title scheme, the developer carries no responsibility for the ongoing maintenance and cost management aspects once the development has been built; the onus falls on the owners or residents to do so.

  3. Life right
    You buy the right to live in a dwelling for your life and that of your spouse – you don’t own physical property. There are no legal costs, transfer duties or other taxes payable. You may dispose of your life right, or it will be sold on your death, in which case you or your estate will, depending on the contract, receive the purchase price plus a percentage of the profit. When a life right transfers to a spouse on the death of the first-dying spouse, it does not form part of the first- dying spouse’s estate. Residents, who pay a monthly levy to cover running costs, enjoy similar privileges to those in sectional title homes; the developer, however, remains the sole owner and is responsible for the upkeep of the village.

Watch Kim Potgieter in conversation with Rob Jones from Shire Retirement Properties discussing the different options. Rob founded Shire Retirement Properties in 2010 in response to a clear need for independent specialist consultants in the South African retirement industry. For more information, visit Shire Properties.

A look back at our online client events during 2021

We had hoped that 2021 would mean we could go back to our in-person events, but sadly it was not to be. Despite this, we still managed to host some fantastic online events that were topical, inspirational, informative, entertaining, and most importantly, relevant to the times we are living in.

We kicked off the year with Mandy Wiener, who enthralled us with tales from her book The Whistleblowers, where she spoke about the people who have courageously come forward to expose corruption and wrongdoing.

As it became glaringly apparent that face-to-face events were unlikely, we organised the first of two quiz nights for the year, hosted by Lynda Smith and Frank Davis. The quiz nights provided some light relief and a chance for clients to connect. Donations after each quiz night were made to African Food for Thought and Vulpro, respectively.

Kim Potgieter’s new book Midlife Money Makeover was launched at the beginning of May. Kim firmly believes her book is a reality due to the wisdom, insight and lessons that clients have taught her over the years. To celebrate, we hosted an event where Kim was in conversation with Maya Fisher-French discussing what it takes to live purposefully. We realised the importance of self-care while navigating life in a pandemic, so we hosted a Women’s Wellness event where Image Consultant Wendy Hind and Makeup Artist Holly Petersen shared some tips and tricks on looking and feeling great.

Kevin Lings joined us in June and presented us with a global and local economic overview. In the throes of yet another lockdown, we planned to host events that would provide some light relief and allow us all to have a bit of fun. Sean Brokensha, The Music Guru, took us on a musical
journey that traced the evolution and revolution of music in our country and how the sound of the new South Africa was born. TV presenter, author and safari guide James Hendry delighted and entertained us by sharing the story of humanity’s tumultuous relationship with wilderness
during his presentation, Plugged into the Wild.

We will always remember July 2021 as a tumultuous one in our country’s history. We all felt rattled by the events taking place. In order to try and make sense of what was happening, we hosted an event with thought leader and renowned scientist Prof. Anthony Turton, who shared his reflections on our young democracy, with particular attention to understanding the complexities of the events that took place in July.

In August we celebrated Women’s Day with Nikki Bush, who gave us tips and valuable insights on how to bloom through disruptive times. During this month, we also hosted Director of NinetyOne, Jeremy Gardiner, who shared his invaluable insight into the impact that the disruptions were likely to have on our investments, our economy, and the country we live in and love.

We kicked off Spring with an event hosted by Dr Karin Lourens, Nicci Wright and Richard Pierce, highlighting the plight of the world’s most trafficked mammal, the pangolin. This was followed by a session with Ida Doyer, a sensory integration occupational therapist, who took us on an enlightening journey around our response to the environment around us through the seven senses.

Renowned political commentator Justice Malala was our guest speaker in October, and his insights into the political landscape of South Africa and the elections were sobering. Given the events of the past year, we have realised what a necessary skill resilience is, so we decided to end October off by hosting endurance athlete, author and brain cancer survivor, Richard Wright who inspired us with his story of endurance, passion, heartbreak and triumph of the human spirit over crippling adversity.

Evita Bezuidenhout entertained us at our final event of the year – Evita Adapts and Does Not Dye.

Thank you to all clients who joined us at these events. We look forward to hosting a combination of in-person and hybrid events in 2022.

Mindset exercises

Do you believe that intelligence, artistic ability, character and personality are something fixed? Qualities that you’re born with and that you can’t really change? Or do you believe that each of us can fundamentally develop and improve many of our qualities over the course of our life?

In her book, Mindset – How you can Fuel your Potential, Carol Dweck shares her research about what she calls fixed and growth mindsets. She explains the fixed mindset as a belief that your qualities are carved in stone, where the growth mindset is based on the belief that your basic qualities are things you can cultivate through your efforts.

Dweck believes that although people have vastly different talents, aptitudes, interests and temperaments, everyone can change and grow through application and experience.

Fixed Mindset
Growth Mindset
Afraid of being judged with a tendency to
• take feedback as criticism
• be sensitive about being wrong or making mistakes
• avoid trying new things
• give up easily
A desire to learn, which means that you
• embrace challenges
• keep going when things get difficult
• see effort as the path to mastery
• take feedback as an opportunity to grow and learn

Which personality mindset do you have?

Look at these statements about personality and character and decide whether you mostly agree or mostly disagree with each one.

  1. You are a certain kind of person, and there is not much that can be done to really change that.
  2. No matter what kind of person you are, you can always change substantially.
  3. You can do things differently, but the important parts of who you are can’t really be changed.
  4. You can always change basic things about the kind of person you are.

Questions 1 and 3 are fixed-mindset questions, and questions 2 and 4 reflect the growth mindset.

Which did you agree with more?

Mindsets in Practice

Personal reflection

What mindset do you operate from? How has this impacted what you have achieved in life so far? If you worked on cultivating a growth mindset in all areas of your life, how might things change?




Can you identify people you know with a fixed mindset? What do they do and say? How has this mindset impacted them?




Think about a time when you felt incredibly motivated and inspired to work hard and contribute your best… What was it about this environment that motivated you to give your best, to perform at your peak?





“Becoming is better than being” – Carol Dweck

Source: Claire Holden, Change in Mindset

Spring Reads & Eats

It’s Heritage Day, fondly known as Braai Day, on Friday, hopefully you get to spend the long weekend soaking up the sun. A braai is not a braai without a potato salad, and we found this delicious recipe that adds a twist to the traditional potato salad:

RECIPE

Biltong & Braaied Potato Salad

Ingredients

  • 6 large potatoes, peeled and sliced
  • 100g butter, melted
  • salt and freshly ground black pepper
  • 1 red onion, finely chopped
  • large handful moist biltong, roughly chopped
  • handful fresh chives, chopped
  • handful fresh flat leaf parsley, chopped
  • handful feta cheese, crumbled
  • small handful capers
  • mayonnaise (bought or homemade)

Method:

Start by par cooking the potatoes in a large pot of salted boiling water.
The trick is not to cook them too soft or they will fall apart on the braai — 3–5 mins should be good.
Drain the potatoes then brush with melted butter and season with salt and pepper.
Using a flip grid, braai the potatoes until cooked through and caramelised.
Once the potatoes are cool you can cut them into squares and place them into a large mixing bowl.
Add the rest of the ingredients, including as much mayonnaise as you like, then gently fold everything together and season with salt and pepper.
If you’ve got time then let it rest in the fridge for a while to let the flavours get cosy.
If not, then tuck in!

Recipe extract from Beer Country’s Beer Food Fire by Karl Tessendorf and Greg Gilowey, published by Struik Lifestyle.

BOOK REVIEW & COMPETITION

If you are on the lookout for a new book to read, we recommend The Promise by Damon Galgut. It’s always fantastic when South African authors make the Booker Prize shortlist. If you would like to win a copy of this book, please email lyndsay@charteredwealth.co.za and we will enter you into our lucky draw.

The Promise by Damon Galgut
Shortlisted for the 2021 Booker Prize

There is nothing unusual or remarkable about the Swart family, oh no, they resemble the family from the next farm and the one beyond that, just an ordinary bunch of white South Africans, and if you don’t believe it then listen to us speak…

The many voices of The Promise tell a story in four snapshots, each one centered on a family funeral, each one happening in a different decade. In the background, a different president is in power, and a different spirit hangs over the country, while in the foreground the family fights over what they call their farm, on a worthless piece of land outside Pretoria.

Over large jumps in time, people get older, faces and laws and lives all change, while a brother and sister circle around a promise made long ago, and never kept …

July Winter Warmers

We are in the grips of winter. The cold weather, coupled with the lockdown and the chaos in our country means that staying at home is the only option at the moment.

It’s hard to focus right now, so why not keep busy cooking a delicious meal or losing yourself in a good book. These are our two suggestions, but you know we love hearing from you, so please email us here if you have a recipe worth sharing, or if you have read a book that you absolutely loved and would like to share.

RECIPE

Taste Magazine’s Delicious Oxtail

Ingredients

  • 5 T olive oil
  • 2.5 kg oxtail, cut into 4 cm chunks
  • sea salt and freshly ground black pepper, to taste
  • 400 g carrots, sliced julienne
  • 400 g celery, sliced julienne
  • 1 T fresh rosemary finely chopped, plus an additional sprig for remembrance
  • 1 T fresh thyme finely chopped, plus an additional sprig for courage
  • 4 dried bay leaves
  • 4 cloves
  • 2 T flour
  • 2 x 400 g whole tomatoes cans
  • 1 cup red wine
  • 1 litre beef stock

Method

Preheat the oven 220°C. Place 3 T oil in a roasting tray and heat in the oven. Once the oil is hot, add the oxtail and toss until all the meat is coated. Season to taste.

Return the meat to the oven and cook for a further 20 minutes, or until it’s nicely browned and the fat is golden.

Meanwhile, place the carrots, celery and herbs in a large saucepan with the remaining olive oil and gently simmer for 20 minutes. (You many need to add a few tablespoons of water at some point.)

Remove the oxtail from the oven and set aside. Reduce the oven’s temperature to 170°C. Add the bay leaves, cloves, flour, tomatoes, wine and beef stock to the vegetables. Lastly add the oxtail, all the roasting juices and bring to a boil.

Return to the roasting tray, cover with a lid and cook in the oven for a further 5 hours. If you make this a day or two in advance, no harm comes to it if you put it into the oven at 170°C for another hour or so to heat it up.

BOOK REVIEW & COMPETITION

The book we highly recommend this month is The Heart Is The Size Of A Fist by PP Fourie. If you would like to win a copy of this book, please email lyndsay@charteredwealth.co.za, and we will put you in the draw.

The Heart is the Size of a Fist by PP Fourie
Review by Kate Sidley

The semi-autobiographical novel centres on Paul and his relationship with his politically liberal but cruel and violent alcoholic father, and his loving but damaged mother. The book shifts between recollection of his childhood, devastated by addiction and domestic violence, and his adult life in which he does the work of understanding and healing, and reconnects with his much younger half-brother in a poignantly tentative and tender way. It’s a coming-of-age and coming out novel, a book about survival and healing and memory.

It’s beautifully written, thoughtful and strangely gripping. It had me glued to the book and the sofa all day. One of my best books of the year so far.

Making 2021 your best year ever

Forbes recently published an article on 10 tips to being happier and making 2021 your best year ever. We thought they were very useful tips and answering the question at the end of each tip allows you to pause and reflect and gain some perspective on the year that was.

  1. Focus on the upside of a downside situation. When there are so many incidences of devastation, fear and heartbreak, it’s natural to focus on the downside of the pandemic. But we can balance that out with how it’s brought people together, volunteering and helping one another and strengthening the whole idea of collective selflessness. What upsides can you name?

  2. Pinpoint the opportunity in the difficulty. Ask, “How can I make this situation work to my advantage? Can I find something positive in it? What can I manage or overcome in this instance?” During the pandemic, for example, we can use times of self-isolation for self-reflection and think about the direction we want to take in the new year. What opportunities do you see?

  3. Frame 2020 as a lesson to learn, not misery to endure. Ask what you can learn from the difficulties of 2020 and use them as stepping-stones, instead of roadblocks. Think of the adversities of 2020 as happening for you instead of to you. If you consider this perspective less taken, what has 2020 taught you that you can take into 2021?

  4. Practice gratitude. Look beyond the fear, loss and disappointment at the big picture. Take an inventory of your life and include all the things the pandemic prevented you from doing that you once took for granted. And consider all the people and things in your life that you’re grateful for, letting gratitude steer you beyond the gloom and doom. What are you grateful for?

  5. Be chancy. Take small risks in new situations instead of predicting negative outcomes before giving them a try. “If I ask for a shot at the promotion, my boss might laugh in my face” becomes “If I ask for a shot at the promotion, my boss might think I have guts and ambition.” How can you stick your neck out at work in the new year?

  6. Avoid blowing a situation out of proportion. Don’t let one negative experience rule your whole outlook: “I was supposed to get a promotion until the pandemic; now that everything’s on hold, I’ll never advance in my career” becomes “Things are on hold for a while, but nothing lasts forever and there will be other pathways to success.” What limiting situations can you minimise and overcome in 2021?

  7. Focus on the solution, not the problem. You’ll feel more empowered to cope with pandemic curve balls when you step back from the problem and brainstorm a wide range of possibilities. Your negativity bias will direct you to zoom in and focus on the problem. But when you broaden your perspective, your wide-angle lens will help you see potential in the big picture. What possibilities do you see for 2021?

  8. Practice positive self-talk. During tough times, be as kind to yourself as you would your best friend. Underscore your triumphs. Replace bludgeoning yourself and using put-downs and criticisms with the practice of self-compassion. Affirm positive feedback instead of letting it roll over your head. Give yourself “atta-boys” or “atta-girls.” Throw modesty out the window and remind yourself of all your personal resources. What are your strengths?

  9. Practice Solitude. Solitude is good for the soul. It takes you out of the rat race for a while, gives you a bird’s-eye view of your daily life and replaces chaos with serenity. Spend a minimum of five minutes a day alone. Meditate, pray, practice yoga or contemplate nature and connect with something larger than yourself for inspiration and peace of mind. What type of solitude can you practice?

  10. See a fresh start contained in loss. Every loss contains a gain, but you have to look for it. Every time you get up just one more time than you fall, you increase the likelihood of scaling hard times. Baseball great Babe Ruth said, “It’s hard to beat a person who never gives up. Every strike brings me closer to the next home run.” What endings in 2020 contain new beginnings in 2021?