The people who face the biggest dangers from the COVID-19 pandemic are pensioners.

The virus places their lives at greater risk, and their limited finances are under serious threat. They need to take action now to ensure they keep themselves financially afloat. And the COVID-19 virus is not their only threat. They were already faced with the major fallout from state capture under Jacob Zuma’s presidency and the resulting downgrading of South Africa to junk status and the plummeting of the value of the rand.

This book clearly explains the challenges facing pensioners, and outlines what they can do to improve their situation. Written by award-winning author Bruce Cameron and leading financial planner Wouter Fourie, and based on research by the country’s largest pension fund administrator, Alexander Forbes, as well as life companies Just SA and Sanlam, this book is essential for anyone concerned about their financial future.

Most people are rich for a single day in their lives: the day they retire and receive their retirement savings. This moment is more critical than many people realise – it marks the change from saving for retirement to drawing an income from savings that will ideally sustain them until they die. All too often, pensioners end up destitute because they make the wrong decisions once they retire.

It is crucial for retirees to apply themselves to securing a sustainable income. This book, co-written by well-known semi-retired journalist Bruce Cameron and respected financial planner Wouter Fourie, provides a straightforward and comprehensive overview of the vital issues that impact on retirement, such as taxation, investments, healthcare, estate planning and where to live when retired. It also identifies warning signs to look out for in order to avoid financial troubles.

This is the ultimate guide to help you achieve a secure and successful retirement. This new edition is based on the 2019 Budget figures.