We Have No Pension. Here's the Plan

The South African government old age pension pays R2,400 ($146) a month each. If we qualify — which we probably won't. We do have a retirement annuity, which pays out around R5,000 a month between us. At current prices, that's maybe two weeks of groceries. Or half a month's rent. So we didn't wait around for a pension that wasn't going to save us. We decided to build something else instead: a car, a piece of land, a small build (in the works) — and a plan to bring our monthly expenses down to a number we can actually cover ourselves. In this video: the real numbers behind our retirement annuity (and what inflation is quietly doing to it), what our current monthly expenses actually look like, and the income streams we're building to close the gap — including one we'd forgotten about. 🔗 The full numbers, including the parts we didn't fit into this video, are in this week's newsletter: https://angandsporty.substack.com/p/w...