Living to 100
With life expectancy on the rise thanks to better health
care, disease control and less physically demanding jobs, most people now face the prospect
of living longer. In this episode of The Money Podcast, Justin Harrison and Dawie
Bester talk about living a long life, and how to
plan for this financially.
The problem is that whilst life expectancy is on the rise, financial planning around extended life expectancy has not quite caught up, and it is expected that in the next 50 years fewer and fewer pension plans will be able to support the ageing populations of the world, and so now more than ever it's become essential to create a financial plan that could support you living to a 100 and beyond.
Join Justin and Dawie for this episode as they discuss how to create a retirement plan that will outlive you and continue to provide returns for your family long after you are gone. Click below to listen.
Meanwhile, death is not a subject most of us like to think about, let alone plan
for. But according to Justin Harrison and Dawie
Bester we should all have a death file.
The fact is none of us is going to escape it, so we may as well plan for it. Unlike traditional estate planning which involves creating a will, possibly setting up a family trust and ensuring you nominate an executor for your estate, today we look at an additional element to make the transition of your death that little bit easier for your friends and family.
Take a listen below as Justin and Dawie explain what a death file is, and why you need it.
Keen to catch up on the series? Find all past episodes of The Money Podcast in the channel below.
More about Justin and Dawie
Justin Harrison and Dawie Bester are self-made entrepreneurs on a
mission to help South Africans become better at money. Justin is the author of eight personal finance books; he’s a
serial entrepreneur, investor, wealth creator and one of South Africa's thought
leaders in the financial technology space. He's a passionate South African,
father of three and avid sportsman who believes deeply that South Africa is one
of the best countries in the world.
Dawie Bester is also a personal finance author, personal finance coach, entrepreneur
and investor, and has been on the forefront of the digital finance revolution
for the last decade. He is a father of two, an avid sportsman, and believes
that South Africans can prosper with the correct motivation and
direction.
Together, they're involved in multiple business
ventures and share a common passion for financial education, self-improvement
and simplicity, and these are the driving force behind all their ventures.
In July 2020, the duo took to YouTube to start a financial
education channel to help South Africans better understand money, and since
then over 200,000 South Africans have taken to the channel to learn and engage.