ALLAN GRAY FEATURE: Who’s right – personal finance experts or economists?
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Earl van Zyl - head of Retail Product Development at Allan Gray talks about Should you start saving for retirement as soon as you start working? Or should you invest in yourself first and focus on retirement planning once your earning potential improves? On the one hand, personal finance experts argue that investors should take advantage of the power of compound interest early on in their careers. On the other hand, economists believe in saving less when you’re young and growing your contributions as your earning potential improves.
These conflicting views leave many investors and retirement savers confused, uncertain who is right and what the best approach is to building long-term wealth. According to Earl Van Zyl, head of Retail Product Development at Allan Gray, we should listen to both camps – without losing our common sense, of course. He joins Kaya Bizz to discuss how we can make sense of the multiple views that come our way.
These conflicting views leave many investors and retirement savers confused, uncertain who is right and what the best approach is to building long-term wealth. According to Earl Van Zyl, head of Retail Product Development at Allan Gray, we should listen to both camps – without losing our common sense, of course. He joins Kaya Bizz to discuss how we can make sense of the multiple views that come our way.
