Retirement / General

Why a conservative retirement plan isn’t watertight

Playing it safe with your retirement plan could be an unsustainable approach in the long term. Here’s why experts suggest taking advantage of a combined approach to secure your financial future.

Divorce and your retirement savings

Although the official statistics for South Africa’s divorce rate during COVID-19 are yet be released, globally, the pandemic sent divorce rates soaring by up to 30% or more during 2020. According to DIY Legal, South Africa ranks in 83rd place out of 154 countries for divorce.

Risks in retirement are increasing

An increasing risk in retirement is that you will outlive your savings. More retirees feel less confident now that their savings will last, highlighted by a 10% year-on-year drop in confidence reported by retirees in Just SA’s latest Retirement Insights study.

Treasury further tightens the noose on retirement assets of emigrants