Listen: What you can do to prepare financially for retirementThe sooner you start saving for retirement, the better. That was the message from Blessing Utete, Managing Executive of Old Mutual Corporate Consultants, when he spoke to Cape Talk’s Lester Kiewit on The Morning Review.Article by The Old Mutual Team | Date: TBC | Listen time: 41 min

According to National Treasury, only 6% of South Africans can retire comfortably, which leaves 94% partially or entirely dependent on others or living well below what they had been used to.

Blessing Utete, Managing Executive of Old Mutual Corporate Consultants, believes that everyone should get into the habit of saving as early as possible, ideally from the day you start working. This is especially important with regard to a pension and being sure of an income after you’ve retired.

Even if you haven’t begun to save for retirement, or are not putting away as much as you can towards your pension, he believes that making certain changes will help you to increase your pension.

Listen as he breaks down the importance of saving for your retirement as well as what gig workers and freelancers have to consider in this interview with Lester Kiewit on CapeTalk 567’s The Morning Review and find out what you can do today to secure your tomorrow.

For more retirement insights and practical advice on saving for your future, visit the You & Your Money section of our Resource Hub.

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