Momentum’s Sonja Steyn explains why retirement planning should begin early, highlighting the power of compound growth, consistent saving and professional financial advice in building long-term financial security, flexibility and independence despite today’s economic pressures.

EasyRetire’s latest two-pot retirement analysis shows members are preserving their retirement savings at higher-than-industry rates, suggesting that transparency, education and informed decision-making may be more effective than administrative barriers in encouraging long-term retirement preservation.

Atlas Finance customer feedback reveals food and beverage businesses dominate South Africa’s side-hustle economy, with township foods, baked goods and atchaar helping households generate income, cover essentials and build financial resilience.

Lana Johnson, Franchise Principal and Financial Adviser at Consult by Momentum, says parental financial support should create opportunity rather than dependency, encouraging parents to set clear boundaries, teach financial responsibility and help young adults build long-term independence and resilience.

Ross McMillan, Financial Adviser at Momentum Financial Planning, highlights that fatherhood extends beyond daily care to proactive financial planning, with income protection, life cover, estate planning and professional advice helping secure a family’s future.

Anri Armer, Financial Adviser at Momentum Financial Planning, warns young professionals against lifestyle inflation, encouraging them to use their first paycheque as a foundation for long-term wealth creation through disciplined saving, emergency planning, income protection and early financial advice.