Real Estate Investor October 2022 | Page 186

WEALTH & RETIREMENT

How much do South Africans need to retire comfortably ?

By REI Media

According to 2021 estimates , almost 10 % of South Africans are now over the age of 60 , and , with this figure expected to double over the next 30 years , residential development in the retirement sector is under significant pressure to meet this growing demand . However this is easier said than done as developers in this space face a number of challenges .

186 OCT 2022 SA Real Estate Investor Magazine