“True financial independence in retirement happens around 80, not 65,” says Barto van der Merwe, managing director of Renishaw Property Developments: a subsidiary of the JSE-listed Crookes Brothers Limited and the developer of the mature lifestyle estate, Renishaw Hills.
“This means people either need to work an additional 15 years to enjoy financial security, or find ways to make those retirement savings last. Having analysed the market for the ongoing development of Renishaw Hills, we’ve taken note of how retirees can enjoy their lifestyle while not overspending retirement savings in this economy.”
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