Old Mutual retirement fund warning

[Shaun Jacobs]

Old Mutual retirement fund warning

Premature withdrawals from your retirement savings, even under the two-pot system, will severely impact your quality of life after work.

 

[Bliksis]

Jassis go back to sleep Shaun.

 

[PaulGherkin]

WELL DUH!

 

[Bernoldus Niemand]

To retire is to expire.

 

[PaulGherkin]

To retire is to expire.

Hou my vas korporaal in Snor City

 

[mr_norris]

How many more of these will we get

 

[A3@MBB]

Will not take any warnings serious until it escalates to a MASSIVE warning.

 

[PaulGherkin]

How many more of these will we get

View attachment 1753663

Many more until quota is met, or it gets old according to journalistic standard.
Until then, milk it for every cent is the way!

 

[Bliksis]

Will not take any warnings serious until it escalates to a MASSIVE warning.

Or a looming disaster. Bad news simply isn't enough anymore

 

[karnuffel]

This is obviously anecdotal, but its scary how many people in our office are looking forward to accessing this money with the sole intent of blowing it. I get it, this can help when you are in the dwang, but I really think its a bad idea to use otherwise.

 

[FiestaST]

Potkak 'R Us.

 

[PaulGherkin]

This is obviously anecdotal, but its scary how many people in our office are looking forward to accessing this money with the sole intent of blowing it. I get it, this can help when you are in the dwang, but I really think its a bad idea to use otherwise.

Indeed... some retailers are standing by to cash in when these folks are ready to blow their retirement savings on crap.

 

[Bliksis]

Indeed... some retailers are standing by to cash in when these folks are ready to blow their retirement savings on crap.

Wow. Blow R30k. Probably R20k after tax. Woot.