Child Protection Week 2020: Protecting children during COVID-19 and the lockdown
'There will be deliberations over draft Joburg electricity tariff increase'
Community members who picked up cash in Krugersdorp heist can be charged - SAPS
Ekurhuleni regional council responds to Masina's tweets on economic policies
From a practical point continue to comply with Level 3 regulations - Eusebius
'All lockdown regulations have been declared invalid and unconstitutional'
Shapeshifter: Springbok-turned-businessman, Bryan Habana
Skynamo is positioning its sales solution to help reps work safely in the field
How long before everyone has access to financial services
[LISTEN] Preparing your child for a new way of schooling under COVID-19
How do I repackage myself for a new career?
Lockdown having negative psychological effects on some South Africans
[WATCH] Table View Primary School teachers dress as superheroes for Grade 7s
Canadian Prime Minister Trudeau silent for 21 seconds after Trump question
[WATCH] Interaction between father and son shows that people aren't born racists
Gauteng recoveries reach 2,169 as SA's death rate nears 800
A partnership with a good story to tell
'Use of force on protestors so Trump can get pic of bible to define his term'
Thandiswa Mazwai to perform at Play Your Part Africa Live Stream Concert
Mauritius has no active COVID-19 cases
The playlist of the special Africa Day Edition of “This is Africa”
5 retirement saving tips for those who left it late
(Click here for more personal finance advice.)
If you’re in your 30s, 40s or 50s – and you don’t have much or any investments – there’s still lots you can do to ensure a comfortable retirement.
The Money Show’s Bruce Whitfield asked Jeanette Marais for five tips for those who have left it late.
(Note: Marais is with Momentum Metropolitan Life Limited. When the interview took place, she was with Allan Gray.)
How to save for retirement when you’ve left it late (in the tiniest of nutshells):
1.
The biggest problem is when people leave jobs without preserving their retirement savings.
Jeanette Marais
2.
If you start at 40 you must save 40% of your income to make up for the lost time.
Jeanette Marais
3.
Delaying retirement by five years will make a huge difference.
Jeanette Marais
4.
Do not be too conservative! You must have equity exposure.
Jeanette Marais
5.
Merely putting your money in the bank guarantees the loss of buying power.
Jeanette Marais
For more detail, listen to the interview in the audio below.
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
More from MyMoney Online
What will become of South Africa's property market and industry after lockdown?
Personal finance expert Warren Ingram shares his concerns and offers a few pointers.
Read More
6 best long-term, affordable local shares to buy, right now
Chantal Marx (FNB Wealth and Investments) says these six South African companies are looking resilient and attractively priced.
Read More
Earn up to 11.5% interest on one of the safest investments around
Personal finance guru Warren Ingram on why you should consider this risk-free investment, especially if you live off interest.
Read More
Capitec Bank full-year profits skyrocket by 19% despite the recession
The Money Show’s Bruce Whitfield interviews Gerrie Fourie, CEO at Capitec Bank.
Read More
'If you still have a job, get rid of your debt as fast as you can'
Personal finance expert Warren Ingram has advice on how to survive – or even thrive – amidst the Covid-19 outbreak.
Read More
Covid-19: Struggling to pay - or collect - the rent?
The Money Show's Bruce Whitfield interviews property lawyer Julian Scher about rental payment problems caused by Covid-19.
Read More
Struggling to pay a debt? Your options: credit insurance vs debt relief holiday
Personal Finance expert Maya Fischer-French on the pros/cons of dipping into credit insurance vs opting for a debt relief holiday.
Read More
Why Anchor Capital is buying MTN, Sibanye and Transaction Capital
The Money Show’s Bruce Whitfield asks Peter Armitage (CEO at Anchor Capital) for his stock picks of the week.
Read More
Considering emigration? Financial planner discusses the affordability of leaving
Can you afford to leave South Africa? Certified Financial Planner (CFP) Barry O'Mahony on what to consider before deciding.
Read More
Why FNB is buying Shoprite, Sasol and Equites
Edgar Mafoko (Portfolio Manager at FNB Wealth and Investments) shares his stock picks of the week on The Money Show.
Read More
Highlights