Scientists are telling us that soon we will reach an average life expectancy of 100 years. For some people that may be very exciting, but for others it is simply terrifying.
How will we save enough money in 40 years of working to fund 35 years of retirement?
READ: Proposed state-run pension fund unsustainable, too costly – report
In this podcast, personal finance editor Maya Fisher-French speaks to financial planner Wynand Gouws about his book To 100 & Beyond: How to Make Your Money Last as Long as You Do.
Wynand explains why “when should I retire?” is the wrong question and how you can plan your retirement to be more tax efficient, as well as unpacks the curious phenomenon that the older you are, the longer you are expected to live.