A recent survey by Sanlam has found that 28% of respondents’ biggest financial concern is the worry of failing to make ends meet each month, with that number rising for respondents in their 20s and 40s.
The age bracket with the highest proportion of respondents who were concerned about paying off debt was between the ages of 35-39, with 27.9% marking this as their biggest concern. For both groups aged between 55-59, and 60-64, the concern of being able to retire comfortably naturally comes out on top, with 29.2% and 36.4% marking this as their biggest concern respectively.
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