How much income will I have in retirement?

Monday, August 24, 2015

When you’re old, and can’t work (or don’t want to) anymore, you retire. For most people, that comes around the age of 60 or 65. To stop work at this point, you need ‘passive retirement income’.

Hopefully, you’ve been sensible and saved some money from your salary each month over your working life to build up assets that will provide you with income. The question now is how much money should you take as Income each month?

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

'I was deceived'

Larona Makhaiza | 8 h ago

Fierce battle looms in BPF Nata-Gweta primaries

Chakalisa Dube | 14 h ago

BPF to win all Serowe constituencies

Innocent Selatlhwa | 15 h ago

BDP councillor withdraws candidacy, decries voters roll manipulation

Tsaone Basimanebotlhe | 15 h ago

BDP primaries: More fireworks, twists and turns

Tsaone Basimanebotlhe,Goitsemodimo Kaelo | 15 h ago

Choppies' P1m Olympic incentive

Calistus Kolantsho | 17 h ago

Masole gears for third Chess Olympiad

Calistus Kolantsho | 17 h ago

Wildebeests on the cusp of rugby history

CALISTUS KOLANTSHO | 17 h ago

BDP primaries leave a lot to be desired

The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...

The Monitor Editor | 22 July 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

How much income will I have in retirement?

When you’re old, and can’t work (or don’t want to) anymore, you retire. For most people, that comes around the age of 60 or 65. To stop work at this point, you need ‘passive retirement income’.