300 000 Retirees Don’t Lie: Real Data on Retirement Spending in South Africa

300 000 Retirees Don’t Lie: Real Data on Retirement Spending in South Africa At a recent retirement conference, someone said to me: “Hardi, in South Africa, 80 has become the new 60 - because most people just can’t afford to retire.” Sobering words. And sadly, the numbers back it up. Sanlam Corporate studied more than 300,000 South Africans in their Umbrella Fund. The average retiree at 65 has saved just 25% of what they actually need - far below the 75% benchmark. But here’s the good news: your retirement doesn’t have to follow this pattern. In this video, I’ll walk you through: ✅ How retirement spending actually works (data from the 2024 FNB Retirement Insights Survey) ✅ Why spending peaks in your late 40s/early 50s and then declines ✅ The 3 phases of retirement spending: Go-Go, Slow-Go, and No-Go years ✅ Practical steps you can take right now to secure your retirement ✅ Why having a financial plan makes the biggest difference This isn’t theory. It’s real data from thousands of South Africans. And if you take action, you can change your retirement story. 📌 Join our Retirement Community here: https://www.familywealth.co.za/retire... 📌 Get started here: https://www.familywealth.co.za/get-st... Check out our social media: Facebook: https://www.facebook.com/profile.php?... Instagram:   / familywealthcustodians   LinkedIn: https://www.linkedin.com/company/fami... Disclaimer: This video is for educational purposes only and does not constitute personal financial advice. Please consult a licensed financial planner or tax practitioner before making any decisions.