Your health and money habits could be your greatest retirement asset

Retirement readiness continues to be a major financial challenge in South Africa. While many recognize the importance of saving for retirement, few achieve the level of financial security they desire. According to National Treasury, only 6% of South Africans can retire comfortably. This statistic highlights the need to focus on behaviour and habits that can support better retirement outcomes over time.

Head of Technical Marketing at Discovery Invest, Estee Sevenster, emphasizes that long-term discipline and engagement can significantly impact retirement success. Traditional retirement planning has typically begun with products, performance, and cost, but the core challenge is to build enough capital to generate income throughout an extended retirement.

Consistently contributing to retirement savings, increasing contributions as income grows, staying invested during market fluctuations, and regularly reviewing a plan are all crucial factors in generating retirement income. Discovery Invest data reveals a link between engagement and long-term saving behaviour. Clients offered rewards to encourage positive investing and engagement habits invested for an average of 3.2 years longer than those without these incentives.

During the 2024/2025 Economic Sentiment Indicator measurement period, boost recipients made 69% more additional investments compared to non-recipients. While individual circumstances vary, the data suggests that encouraged engagement can lead to more effective long-term retirement planning. Retirement planning must also consider modern working patterns, as many South Africans now have irregular employment, entrepreneurship, career transitions, and fluctuating incomes.

Discovery Invest's expanded Retirement Annuity range offers a simpler, more adaptable approach to retirement planning. Trusted financial advisers play a crucial role in aligning retirement strategies with long-term goals. To support clients in maintaining discipline, adapting to changing circumstances, and building sustainable retirement income, Discovery Invest emphasizes building a strong retirement income foundation.

This approach was recognized in the 2026/2027 ASK AFRICA Orange Index™, where Discovery Invest earned the title of Customer Experience Winner in the Investment Policies and Savings Industry. Ultimately, retirement success is often determined by the small, consistent decisions made over time. With the right solutions and trusted advice, individuals can better navigate uncertainty, stay invested, and enhance their chances of retiring with financial confidence.