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’.

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?

 

Editor's Comment
Bravo police for prompt action

It is also hurting that whilst we all know that the Botswana Police Service (BPS) is charged functionally with the duties to investigate all forms of crime, some locals have resorted to taking the law into their own hands. It is very wrong to do that. There is also a possibility that one may wrongfully take the life of a person in the process, unless it is a justifiable case of self-defence. Recently, in the city of Francistown, some locals found...

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