MUST LISTEN | Retirement Plan Killer
Updated | By JacPod
This week, our Money Podcast hosts Justin Harrison and Dawie Bester talk about retirement planning. It's not a sexy subject
and it certainly is not the most popular subject, but that's exactly why you
need to listen and pay close attention to this episode.
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? In the last episode of The Money Podcast,
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.
Show's Stories
-
SA shocked over R50,000 local designer dress
South Africans expressed their shock after discovering the R50,000 dress...
The Drive with Rob & Roz 7 hours ago -
What is the difference between sell-by and use-by dates?
As the authorities discover more spaza shops illegally selling food item...
The Workzone with Alex Jay 8 hours ago