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How much you need to save to retire comfortably in South Africa | SA News

Malcolm Libera
 ·1 Mar 2026

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The average formally employed South African would need to save between R2,425 and R17,158 every month to retire comfortably, depending on their age when they start and savings strategy. 

The latest 10X Retirement Reality Report shows that only 6% of South Africans are on track to retire comfortably.

Household Saving Rate in South Africa decreased to -1.20% in the third quarter of 2025 from -1.10% in the second quarter of 2025.

A negative household savings rate means…

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  2. Fun South African Fact: The oldest remains of modern humans were found in South Africa and are well over 160,000 years old.