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Planning for retirement is a crucial aspect of financial security, ensuring you have the means to maintain your lifestyle and cover essential expenses in your later years. In South Africa, understanding the various components of retirement planning can help you make informed decisions that safeguard your future.
One of the biggest concerns faced by aging individuals is not only if they have enough money to retire, but also if they will need to retire in a place that can take care of them should their health deteriorate.
When we talk about financial planning, we think about saving enough money for our future. This is indeed the backbone of the financial planning process, but what about the present moment?
Life is made up of experiences, both planned and unplanned, and having a solid financial plan in place can help you enjoy the moment with peace of mind about your future.
Many South African women believe that achieving financial freedom is nothing more than an elaborate dream.
In fact, research indicates that approximately one-third of wealthy women believe that the stock market is too risky for them.
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