John Maytham's Weekly Book Review: 13 September 2019
Scientists think they've solved the mystery of the Loch Ness monster
Several people injured as Zimbabweans force their way to view Mugabe's body
CT marathon: Kenya's Edwin Kibet Koech a strong contender for first place
He was kind to the core - SA icon PJ Powers remembers Bok hero Chester Williams
'We have lost a giant' - remembering Springbok legend Chester Williams
Condolences pour in for deputy minerals minister Bavelile Hlongwa
Teacher gives girl pupils a lesson on basic car maintenance
[LISTEN] I intend to go back to work, my name must be cleared - Peter Moyo
Nando’s is the boss of Pick n Pay ('iNkukhu'), says ad expert Andy Rice
The stock market is not a casino. Investing in shares is nothing like gambling
Tito Mboweni publishes evidence-based plan to fix structure of broken economy
'Army should only stay on Cape Flats if police have crime intelligence plan'
Khayelitsha eco hustlers run CT Marathon with trees on their backs
Nikki Bush has new parenting book on how to guarantee you child's future success
5 things marathon runners should do the day before a big race
Comedians to raise funds to build orphanage in Orange Farm
10 unexpected things that most truly rich people have in common
'Peter Moyo is not required – nor permitted – at work'
Prasa assets not insured, you are riding at your own risk - Mantshantsha
How much to save for retirement (a handy guide, and easy-to-use calculator)
When saving for retirement; how much is enough?
To replace 60% of your final salary in retirement, this is how much you’ll need to save (according to Claude Hannah, a financial planner):
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40 years left to retirement (you need to save 15% of your income)
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35 years left to retirement (you need to save 18% of your income)
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30 years left to retirement (you need to save 22% of your income)
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25 years left to retirement (you need to save 28% of your income)
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20 years left to retirement (you need to save 36% of your income).
Hannah made relatively conservative assumptions to arrive at these estimates.
He also assumed the investor has no retirement savings and used annuity rates for men (women need to save a bit more as they typically live longer).
Play around with this very simple, easy-to-use “retirement calculator” from 10X Investments.
(You might have to sit down first.)
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