The post-COVID era has brought about significant changes in the workplace, introducing new work models, systems, and non-traditional income opportunities. This raises an important question: how will retirement look in a world where its traditional framework has evolved? 

This thought-provoking topic is the focus of this episode of the Big Business Insights podcast, hosted by Blessing Utete, Managing Executive at Old Mutual Corporate Consultants. Guests Doris Viljoen, Director of the Institute for Futures Research at Stellenbosch Business School, and Graeme Codrington, thought leader and founder of Futures Club, provide insights into the shifting retirement landscape. They examine the reframing of traditional single-employer pension plans, the influence of trends like job-hopping and the gig economy, and the rising importance of adaptability and individual responsibility in retirement planning. The discussion also tackles issues such as short-term financial thinking, the critical role of financial literacy, and practical steps for individuals and employers to build secure financial futures. 

Resources used in this episode:

Kiplinger.com: 6 ways retirement has changed over the past 25 years  

Bowmanslaw.com: South Africa working beyond retirement  

Businesstech.com: How much money you need to retire in SA 
 
iol.co.za: Plan your retirement early  

eNCA: Are South Africans ready for retirement?

Financial Bunny: You don’t need a retirement fund