Independent on Saturday

Covid-19 magnifies retirement savings crisis

THIS IS a reality check for South Africans: only 6% will retire comfortably. The rest will either have to continue working – if they’re able to – or rely on family or the state to support them in their latter years.

The third annual Retirement Reality Report by investment firm 10X indicates a long-term retirement crisis, which has been magnified by the pandemic – and women are most vulnerable. The report is based on a

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