Don’t get left behind

Don’t get left behind

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How early in my career do I need to start planning for retirement?

We all hope to retire in comfort one day, however statistics reflect that only 4% of South Africans retire in comfort; 12% simply get by; 33% have to reduce their lifestyle dramatically; and an alarming 51% retire in circumstances that force them to supplement their income or rely on family members for financial support.

Financial planning has to start 30 to 45 years before you plan to take your retirement if you want to be financially independent with options and funds to provide you with sufficient income in your retirement years.

Read the full article here at don’t get left behind.

 

Bryan Hirsch
BRYAN HIRSCH has been in the financial services industry for 47 years and is a director of Bryan Hirsch Colley & Associates. He has written two books, the first Bryan Hirsch’s Guide to Personal Finance and more recently, Steps to Financial Freedom. Bryan has written for many of South Africa’s top financial and business publications, has been a weekly guest on Radio SAFM for 18 years, and has his own weekly TV show You & Your Money on Summit TV.