Planning for financially independent retirement

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dc.contributor.author Snyman, Lorraine
dc.contributor.author Van der Berg-Cloete, S.E. (Sophy)
dc.contributor.author White, John G.
dc.date.accessioned 2018-01-11T13:08:50Z
dc.date.available 2018-01-11T13:08:50Z
dc.date.issued 2017-06
dc.description.abstract OBJECTIVES : The study investigated whether dentists in South Africa are actively planning for retirement and if they are confident about being able to retire as financially independent. METHODS : An anonymous online questionnaire was used to collect data from private dental practitioners who were members of the South African Dental Association. Stata release 11 was used for descriptive statistical analysis. RESULTS : The majority of the respondents (71%) were male and 42% of respondents were older than 50 years of age. It was mostly the older respondents, namely 71% of 41-50 year old respondents, 94% of 51-60 year old respondents and 72 % of respondents older than 60 years, who were actively planning for financial independence at retirement. More than half of the respondents (54.35%) were not confident that they would be able to retire as financially independent and think they will have to postpone their retirements. CONCLUSION : Retirement planning is much more complex than simply contributing to a pension, provident or retirement annuity fund. Dental schools can play an important role in equipping dentists with the necessary knowledge and skills to enable proper retirement planning, and to encourage early retirement saving and investment to ultimately ensure financially independent retirement. en_ZA
dc.description.department Dental Management Sciences en_ZA
dc.description.librarian am2018 en_ZA
dc.description.uri https://www.sada.co.za/the-sadj en_ZA
dc.identifier.citation Snyman, L., Van der Berg-Cloete, S.E. & White, J.G. 2017, 'Planning for financially independent retirement', South African Dental Journal, vol. 72, no. 5, pp. 204-208. en_ZA
dc.identifier.issn 10.17159/2519-0105/2017/v72no5a1
dc.identifier.issn 1029-4864 (print)
dc.identifier.issn 2519-0105 (online)
dc.identifier.uri http://hdl.handle.net/2263/63494
dc.language.iso en en_ZA
dc.publisher South African Dental Association en_ZA
dc.rights © 2017 E-Doc cc en_ZA
dc.subject Dentists en_ZA
dc.subject Retirement en_ZA
dc.subject South Africa (SA) en_ZA
dc.subject.other Health sciences articles SDG-03
dc.subject.other SDG-03: Good health and well-being
dc.subject.other Health sciences articles SDG-04
dc.subject.other SDG-04: Quality education
dc.subject.other Health sciences articles SDG-08
dc.subject.other SDG-08: Decent work and economic growth
dc.title Planning for financially independent retirement en_ZA
dc.type Article en_ZA


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