Retirement is not just a financial event. It’s a psychological transformation. And unless you prepare for it, it can quietly derail even the most well-funded retirement plans.

Life insurance plays a vital role in financial planning, offering protection and peace of mind for loved ones - but as circumstances change, a policy that once made sense can become a costly burden.

To answer this question, we’ll explore the financial realities of retiring in South Africa, considering factors such as cost of living, exchange rates, and individual lifestyle choices.