MUST LISTEN | Retirement Plan Killer

Retirement planning is something that most people put off way into their thirties and by the time they realise they need to plan for retirement it often requires such drastic lifestyle changes that most people simply continue to ignore the disaster ahead.

With our increase in life expectancy, it is anticipated that most people will live close to 90 and if you factor in that most people will retire at around age 65, that means you have 25 years of living expenses you need to make provision for from your earnings today.

This coupled with the fact that a recent survey of first world countries and their pension schemes anticipates that pension funds will only be able to support 45% of retirees in the next 50 years, so the question is what can you do to make sure you have a secure financial retirement plan? It's a five-minute listen that could change how you view your retirement. Click below to listen.

What do you value more – your health or wealth? Last week Justin Harrison and Dawie Bester talked about your financial health and your physical health and how these two opposing forces can work against each other.

The Dalai Lama was once asked what surprised him most about humanity, and he answered "Man! Because man sacrifices his health in order to make money, and then has to sacrifice his money to recuperate his health."

Listen below as Justin and Dawie talk about the push and pull between health and wealth and help you make sense of life and the balance between health and money.

Want 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.