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
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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