Wanita Isaacs – 31 March 2016
How much is enough to save for a comfortable retirement? Wanita Isaacs unpacks the concepts of ‘enough’ and ‘comfortable’ in the context of this distant, unpredictable goal.
Behavioural scientists explain that we base most of our actions on mental shortcuts, learned through our own past experience or through commonly held beliefs: we use ‘rules of thumb’.
A well-researched rule of thumb is that a retirement income equal to 75% of your final salary just before you retire will allow you to live comfortably in retirement. This figure accounts for the adjustments many people make as they age, for example, lower housing and higher medical costs.
Years in the industry: 1999 to …
Leon’s working knowledge of the financial services industry and his exceptional business acumen continues to guide the development and growth of the Origin Group of Companies and positions us as one of the leading niche financial service providers in southern Africa.
Leon has assisted clients in all areas of financial advice, including life, investment, retirement and estate planning. He also has extensive experience in short-term insurance, particularly in the commercial short-term insurance space.
He is a member of the Financial Planner Institute (FPI) and the Financial Intermediary Association (FIA), where he serves in a representative capacity on a regional and national level.
Braaibroodjie lover, Lions rugby fan, sci-fi geek, wannabe farmer, coffee snob