How to break the cycle of poor retirement planning

Most of us grew up with the plan our parents taught us regarding finances and how to retire comfortably, it went something like this - Go to school, get good grades, get a good education, get a good job, get a pension fund, save as much as you can and don't make unnecessary debt. Do this for 40 years and you will be able to live off your savings throughout your golden years. However this is not often the case, CNBC Africa's Gugulethu Cele speaks to, Lourens Oberholzer CEO Retire Rich and Happy to find out how to break the cycle of poor retirement planning.