The (not so bright) future of retirement for South Africans calls for more savings
05 December 2017
The Schroders Global Investor Study 2017 – a survey conducted by global asset management firm, Schroders, of over 22,000 wealth investors* in 30 countries – has found that non-retired investors in South Africa feel they should be saving 17.8% of their income each year, to live comfortably in retirement – a lot more than they currently do (12.2%), and significantly higher than global investors feel they should be saving (13.7%), on average.