DStv Channel 403 Friday, 10 January 2025

Retirement savings | South Africans are not saving correctly

JOHANNESBURG - Many South Africans are not saving correctly for their retirement or are not even saving at all.

According to the latest 10X Investments report, 68 percent of South Africans say they have no plans at all.

READ: New 2-pot retirement system to boost pension savings

It says educating people on the right investment vehicles is key.

"Retirement is one of the topics we don't spend enough time on. It's always an afterthought," said Khwezi Jackson.

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