Does anybody really have enough retirement income? Okay, the really rich, but for most people today, there will definitely be a cutting back after retirement. And that’s the crux. If you are used to living a certain way, it is not easy to change your patterns when you stop working. A combination of the new Liberty Life ad and an excellent presentation to Accsys clients and staff by Professor Jackie Arendse, got me thinking. Liberty says that the average monthly earner receives 480 payslips in their lives. If you retire at 60 and live until 85, you will have 300 months when you don’t earn a salary! That is a frightening thought. When you consider that the average age keeps rising, and retirement ages have not been increasing at the same pace, planning for retirement becomes more critical than ever. Rumour has it that the first person to live to 150 has already been born. What do you think her retirement age will be? Retireme...
Its just my opinion.... Sharing thoughts, experiences and insights on business issues (and a few personal ones too)