LAURA DU PREEZ: Longer, healthier lives mark opportunity to retire from retirement
Retirement is a word that can instill fear if you are financially or mentally ill-prepared or it may be something you are too young to be bothered about, or you think you may never reach that age. But will you actually ever retire - and should you? Should your goal instead be financial freedom? Many countries, including some in Europe, the US and Australia, have gradually increased the retirement age to 67 or 68 and are now questioning whether retirement is still relevant. Americans have coined phrases such as "rewirement" and "refirement" to describe a time of life when you can leave formal employment and reinvent yourself in a new job or as a volunteer. But there doesn't seem to be enough attention being paid to adapting traditional retirement and retirement ages in a world in which longevity is bringing about a massive demographic shift to older populations. Rocco Carr, business development manager for Glacier, which is part of Sanlam, gives some idea of what longevity means for ...
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