How South Africans over 60 are funding their dream holidays

RETIREMENT PLANS

- SARENE KLOREN

AFTER decades of meetings, milestones and making sure everyone else was taken care of, many South Africans over 60 are finally placing themselves at the top of the priority list.

Whether it’s sipping espresso in Italy, spotting the Big Five on a mid-week Kruger escape or joining the grandkids on a cruise, retirement is less about slowing down and more about showing up for the life you’ve dreamed of.

And the best part? You don’t need to feel guilty or go broke to make it happen. South Africans are finding smarter ways to fund their bucket-list travel.

According to a recent survey, 32% of South Africans aged 60 and up are planning to dip into their retirement savings to fund a holiday in 2025.

Financial advisors say that allocating 5-10% of your annual post-tax income to travel is both responsible and realistic.