15/07/2025
Reality check!!
• Only 6% of South Africans are on track to retire comfortably, meaning they can replace about 75% of their final salary.
• More than 90% of retirees cannot maintain their pre-retirement standard of living.
• Two-thirds of retirement fund members have less than R50,000 saved.
• 51% of South African retirees struggle to make ends meet.
• 49% of South Africans do not have a retirement plan, leaving them vulnerable in old age.