Cape Town - Women's Month is the same as most months – 31 days long – but an average woman’s life in SA is significantly longer than a man’s. At the moment females outlast males in our country by as much as four years.
That fact has some serious implications for women in terms of financial planning.
"Living longer means you need to have a bigger savings pot for retirement so you don’t outlive your savings," said Nomha Kumalo, managing executive at MMI Corporate and Public Sector, the division within MMI Holdings that services large and medium sized businesses through the Momentum, Metropolitan, Multiply and Guardrisk brands.