For new listeners we are on pillar cornerstone 2 of what makes up a financial plan. Over the last few weeks, we have dealt with estate planning, importance of the Will, protection for families in the event of premature death and disability. In the last two weeks we have been discussing methods of saving for retirement, and last week we dealt with, ‘do you know exactly what your financial position is with regards to the long-term journey of planning for retirement.’
This morning Bryan is dealing with a formula of calculating how much capital you will need at retirement to provide you with sufficient income.
GUEST: Bryan Hirsch, Chairperson of Bryan Hirsch, Colley & Associates (Pty) Limited