Seven tips from Glacier by Sanlam’s Waldette Stoffberg center on starting retirement saving early, with even small contributions in your 20s compounding over time.
Contributions below 10% of salary may fall short of retirement goals, she said, urging workers to raise pension-fund savings where employers allow annual increases.
A retirement annuity can add tailored investment options, while younger savers can generally take a longer-term view and tolerate more short-term market swings.
Stoffberg also recommends a “Save. Boost. Preserve.” approach—start early, top up annually for tax benefits, and move pension money into preservation funds when changing jobs.
The broader message is that time is a key retirement-planning asset, and a qualified financial adviser can help match savings, risk tolerance and income goals.