South Africans are notoriously bad at saving, which leads to many people not being able to retire comfortably. Some studies estimate that only 6% of South Africans can retire comfortably.
Here are some reasons why it's important to start retirement saving as soon as possible.
finweek: Money Matters is a weekly programme aired every Friday 13:00 CAT on CNBC Africa (Channel 410). The programme focuses on trends, investment analysis and economic debates.