By Sanisha Packirisamy
Sanisha Packirisamy is an economist at Momentum Investments where she provides macroeconomic insights to guide investment strategy, chairs the Employment Equity Forum, and regularly comments on economic issues in the media, including as a columnist for the Financial Mail.
Sanisha’s advice for women+ nearing retirement:
“Consider investing in a tax-free savings or investment account for your children or grandchildren. These accounts allow savings to grow over time through compounding, creating a valuable nest egg for future education or other opportunities.”
Sanisha’s under-reported topics that need attention are:
Rising medical costs into retirement: Health inflation exceeds headline inflation by quite a margin in the past 60-year history for CPI and this accounts for a bigger part of your budget as you age.
