Back

Money Smart Week: Are South Africans truly building resilient financial futures?

Author
Stian de Witt
Date
9 August 2025
3 min read

Money Smart Week which takes place from 25th – 31st August 2025, challenges us to consider "Financial Foundations for a Resilient Future." But in a landscape of economic volatility and rapidly escalating living and healthcare costs, how robust are these foundations for the average South African? Are we truly prepared for the financial realities of retirement and the inevitable need for comprehensive healthcare?

NMG Benefits, a leading expert in employee benefits and financial planning, are observing a significant disconnect between current financial behaviours and the long-term imperative of financial resilience, particularly concerning healthcare.

Below are scenarios that our spokespeople can delve into, offering expert advice on the challenges and solutions for building a resilient financial future:

The retirement time bomb: Beyond traditional pension planning, how are escalating healthcare costs silently eroding retirement savings in South Africa, and what proactive measures can individuals take now to mitigate this?

Beyond medical aid: With healthcare inflation consistently outpacing general inflation, what innovative strategies and lesser-known options exist for individuals and families to secure comprehensive healthcare coverage?

The resilient future blueprint: What foundational financial habits and planning tools, if adopted today, can genuinely future-proof South Africans against economic shocks, health crises, and ensure a dignified retirement?

Bridging the knowledge gap: How can we empower younger generations to prioritise financial planning and healthcare savings now, ensuring they build a genuinely resilient future from the outset?

Please let me know if you would be interested in interviewing Stian de Witt, head of financial planning at advisory firm, NMG Benefits or Karin Mitchelmore head of healthcare consulting at advisory firm NMG Benefits and I will happily arrange it.

Related
Posts

chevron-downchevron-right linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram