Infographic: where are your retirement savings invested?
Too often, people offer the excuse that they do not have enough time to properly review their personal finances – yet keeping a tab on your investments and future retirement plans is an important task. Findings from the 2016 Sanlam BENCHMARK Symposium noted that only 28% of members will revisit the retirement decisions they made when they first joined a company.
The infographic below illustrates that a whopping 76% of members are concerned that they have invested too conservatively, and only 32% are comfortable with their investment knowledge when it comes to the retirement savings decisions.
This leaves an opportunity to encourage members to have regular check-ins with their financial adviser to ensure that savings for retirement have been wisely invested.
Sanlam Life Assurance Company (Ltd) is a licenced financial services provider.
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