Planning for Retirement

The “normal” age of retirement is South Africa is specified by the policy within the specific organisation for which that employee works. If you’re not sure what the “normal” age of retirement is within your company, check your contract.

For those who are wanting to retire, planning for retirement becomes important long before retirement looms on the horizon. Financial planning allows you to have a more comfortable retirement and it begins with pension planning and investments.

Your Pension And Retirement Funds

Starting early is very important when it comes to saving for your pension. This will allow you more years to save for your retirement.

If you’re not sure how much you should be saving each month, you can use a retirement calculator that will allow you to work out how much you’ll have for retirement by sticking to your current monthly contributions.

If you’d like to find out more about the retirement fund options you have available to you to make the most of your golden years, simply contact one of the many companies that provide these services:

Once you’ve contacted one of these companies, you’ll be assigned a broker who will take you through the process of starting your retirement fund.

 

Get In Touch

082 345 2101

learn@lifegap.org

gauteng, south africa

LifeGap teaches you what you need to know to be prepared for the “Real World”. The book is divided into three sections; Personal, Financial and Governmental.