Thursday 13 September 2018 GEORGE HERALD 17 Financial Planning - wills week 17 - 21 septemBer 2018 WHAT TO CONSIDER WHEN PLANNING FOR RETIREMENT PHOTO: SOUTH AFRICAN MINT At some time in our lives we all have to retire from our jobs. When this day arrives,...
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Thursday 13 September 2018 GEORGE HERALD 17 Financial Planning - wills week 17 - 21 septemBer 2018 WHAT TO CONSIDER WHEN PLANNING FOR RETIREMENT PHOTO: SOUTH AFRICAN MINT At some time in our lives we all have to retire from our jobs. When this day arrives, we need to be sure that we have provided for a comfortable retirement. Preenay Sathu, head of financial advisory at FNB, says they encourage consumers to start saving for retirement as soon as they start earning. Long-term thinking is encouraged when looking at retirement planning and its benefits, writes Carmen Norton of the Brakpan Herald. There are factors to consider when planning for retirement: Age Fi na nc i a l d i sc i p l i ne While the retirement age in South Africa is 60 years, there are people who prefer to To be able to achieve your retirement goal, you have to be financially disciplined and retire early (minimum age 55) so that they can travel or dedicate their time to non- have long-term thinking. Investment returns a
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