Posted by Zandile Nkomo

What retirement calculators don’t tell you.

A survey shows that 45% of pensioners in South Africa believe that they will run out of money during their retirement years. Half of these pensioners interviewed experienced a significant drop in income after retirement and just over half experienced a loss between their income and expenses on a monthly basis. The majority of pensioners were unable to save for unexpected expenses.

02/07/2015 / Read Story

Zandile Nkomo

On completion of my BCom- Economics Degree at The University of Pretoria in 2011. I’ve worked at a corporate advisory and a telesales company. Now, at Purple Group, I am expanding my knowledge and skills within the Financial Industry. I am fascinated by human behavior, i.e. how we choose to use our resources (time, talent, land, equipment, knowledge and MONEY) to combine them to create useful products and services.