Financial News

f ever there were a generic issue during retirement that influences most retirees, that issue would be finances. We oldies are where we are because of decisions we have made. Many of those are irreversible and almost nobody can look back and say “I have no spilt milk in my past” The survey we did seems to confirm that there are many other issues that also complicate senior citizens financial […]

Most South Africans will now need to work until they are 80 to retire comfortably. This was revealed by Sanlam Corporate’s study based on over 300,000 Sanlam Umbrella Fund members, demographic trends, actuarial data, and economic factors affecting the country’s retirement outcomes. “Our internal member data indicates that while 65 remains the official retirement age, the majority of South Africans cannot afford to retire at this age,” said Sanlam Corporate […]