Assuming South African long-term inflation averages about 6% per annum, you, in essence, start every year with minus 6% and need to ensure that you invest in such a way that you can recover that 6% and then grow the real value of your savings on top of that.
The longer you delay, the steeper the climb. In the words of H. Jackson Brown Jr., “The best preparation for tomorrow is doing your best today”. Start early to lessen the load. Over the short term, it may not seem like the difference between 7%, 8%, 11% or 15% is all that much, but these differences grow and compound over time.
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