Retiring with R1 million less? Major warning to South Africans making two-pot withdrawals
Repeated withdrawals from the two-pot savings component could significantly reduce retirement income.
One projection estimates that an employee earning R30,000 a month could retire with about R1.01 million less after withdrawing the full allocation annually for 30 years
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL.
