More South Africans Are Planning for Retirement – But Can They Afford It?
Afternoon Drive with John Maytham · 17 July 2026 · 8m
Speaker 1: The latest FNB Retirement Insights survey is out. A personal finance journalist, my official French Speaker 1: has been having a good look at it. Speaker 2: My Hello, Hello John, Hi, you are always interesting to chat about retirement planning or Speaker 2: exactly. Speaker 1: Yeah, and I'm now look, I'm case in point because, for various reasons, sort of Speaker 1: being personally useless a significant one, I started saving for my retirement much later than Speaker 1: I should have, and I didn't put aside a high enough percentage of my monthly Speaker 1: income. As a result, I'm enjoying working and I'm glad that I'm still working, and Speaker 1: I get a lot of I get a lot of joy out of working. But Speaker 1: I could not afford to stop working if I wanted to. I just don't have Speaker 1: enough money. And the survey again shows how many people are in that position. Speaker 2: Yes, and I think this is not it's sort of a surprising number. I think Speaker 2: we've known that there's a massive retirement show, you know, retirement finding shortfall, but most Speaker 2: I mean, I think it was about forty percent of people who are in retirement Speaker 2: age are still working. And you know those are the ones, John, who I think Speaker 2: are fortunate to still be able to work. I mean like you were saying, you Speaker 2: enjoy your work and you have the opportunity to continue to work. There are a Speaker 2: lot of people who worked for companies that had a retirement age of sixty or Speaker 2: sixty five, and they are in no position. They don't have skills, they don't…
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