RETIREMENT HIGHLIGHTS

They say the best time to start planning for retirement is when you start working, the next best time is now.

There is no “voluntary” aspect to retrenchment, and this phase should not be used, writes Jenny Gordon.

PLANNING POINTS: Life in SA has become very expensive - so much so that even big earners are struggling to invest adequately for retirement.

As you approach retirement, you need to determine whether you can afford to retire with the savings you have accumulated.