Why it’s time to retire this rule of thumb in South Africa - BusinessTech


7/30/2022 12:00:00 AM2 years 9 months ago
by https://www.facebook.com/BusinessTechSA

For many years, the retirement rule of thumb advised citizens to diligently save 15% of their earnings over a 35-year period in a growth portfolio; to generate an income sufficient to comfortably see them through their golden years.

For many years, the retirement rule of thumb advised citizens to diligently save 15% of their earnings over a 35-year period in a growth portfolio; to generate an income sufficient to comfortably see… [+5487 chars]

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