There is a simpler way than the ‘two pot’ system to allow emergency access to funds while discouraging it: tax
Is “retirement” a concept created by the financial services industry? We need a reason to save, otherwise how could we keep the savings industry alive? It is like the ailment that Viagra had to invent to find a reason for people to buy it.
I, for one, have no intention of stopping working just because I’ve reached an arbitrary age. Yet, retirement savings in SA are highly important to the economy...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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