According to a retirement round table hosted by the CFA Society and the Financial Planning Institute of Southern Africa, only about 6% of South Africans can maintain their standards of living when they retire.
And, based on the Global Retirement Index, South Africa is among the worst 8% of countries in the world to retire in. That's because state healthcare, social security and a number of oth... ››› more
According to biomedical gerontologist, Dr Aubrey De Grey, the next person to live to the ripe old age of 150 has already been born.
What if that's you?
What if you live till 80 or 100? Will you have enough money to last you that long after you retire?
Ten or twenty years ago, collecting your last paycheque at the age of 65 was a reasonable expectation. But as life expectancy and the co... ››› more
There are so many things you need to consider when planning for your retirement.
Of course, there's the obvious retirement planning concerns, like how much you earn and how much debt you have but there are other factors that could leave you scrambling around trying desperately to build up your retirement savings.
To help you prepare for your retirement, I've found 20 of the most common ret... ››› more
Have you ever asked yourself, “Will you live as well as your parents did when you retire?”
That's a question thousands of South Africans ask themselves everyday when they reach retirement. The sad truth is, the answer is probably always, “No, I won't”
And, it's no surprise...
You know the statistics that say, only a quarter of South Africans will retire comfortably. The rest wi... ››› more
Do you know your magic number?
It's the number you need to retire one day or simply to live the lifestyle you want in say, the next 10 years?
It's a fact that by the time a person reaches retirement, sixty percent will not have enough money to live on.
If you're like me, I'm sure you don't want to be part of this statistic and even if retirement seems a long way off, maybe you're more ... ››› more
In general, people spend more time planning a holiday than they do their retirement. That's scary considering a holiday is only a few weeks long at most, whereas your retirement is something you need for years. Today, we reveal three essential parts of your retirement planning you need to concentrate on today to make sure your tomorrow is a comfortable and happy one…
Preparing for your retire... ››› more
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