AFTER YOU RETIRE

WHEN you’re just busy trying to survive it’s easy to get caught up in the day-to-day and not bother to think ahead to life after you retire.

But too few people spend enough time thinking about what retirement means to them, says financial planner Wynand Gouws, author of To 100 & Beyond: How to Make Your Money Last as Long as You Do.

It’s especially important to think about it now because the number of people living into their 80s and 90s is growing by the day. The notion that you have to retire at 60 is also becoming outdated.

This extract from Gouws’ book explains why we should stop thinking about retirement as the end and start thinking of it as the beginning of a new journey with several chapters.

‘IN THE traditional definition of retirement, people generally retire between 55 and 65. This means they spend approximately 35 years preparing for retirement and then spend 15 to 20 years in