The 10 habits of financial freedom necessary for a stress-free retirement.
Host Bongani Bingwa and Ayanda Seboni, PPS group executive: marketing and stakeholder relations, at the recent Retirement Summit presented by PPS. Picture: SUPPLIED
One of the key risks in retirement is longevity and outliving the funding you have created in your formal employment years. Other risks include inflation, consumption and market risks. Dr Michael Mol, speaker, business consultant and founding director of Hello Doctor, put the spotlight on health and wellbeing in retirement. Just because you are not sick, does not mean you are healthy, said Mol, adding that health is not a default setting but is something that needs to be actively pursued.
“In terms of opportunities, over the long term, SA has three key opportunities: we are a commodities-rich economy; we have a relatively young population, and this demographic will to some degree provide a demand underpin for the economy as we integrate more and more people into the formal economy; and lastly, our position at the top of Africa provides a unique advantage if we can capitalise on this and supply goods and services into Africa,” he said.
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