SA retirement savings in ‘crisis’

SA retirement savings in 'crisis'

(iStock) South Africans’ expectations of how much retirement income they will receive one day don’t line up with reality, a survey has shown.

The survey was conducted by Just South Africa, a retirement income specialist.

Deane Moore, CEO of Just Retirement South Africa, says this is concerning, especially considering that most people are not saving enough for retirement in the first place. This means "their pot of assets available at retirement is not sufficient to begin with", he warns.To get a better idea of the crisis in SA, Just surveyed a group of South Africans between the ages of 55 and […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.