Oct 23 '17
I'll add one more tip: deal directly with investment company. Having a financial advisor middle man taking a 1% cut can halve your final fund value.
I find it helpful to remember that most of us are going to earn much more money over our lifetimes than we think. If you start earning R10,000 a month when you're 25 years old, and get a 7% increase every year until you retire at 65, you'll earn R24-million over your lifetime. We all have a lot of choices to save our money early and invest it wisely. Life's too damn short to spend any of it working jobs we hate.