Subscribe to our Newsletter

click to dowload our latest edition

Retirement: Get ready for an exciting life

“If you don’t plan for retirement and have no reason to get up in the morning, you will die,” life and retirement coach Lynda Smith told the Johannesburg College of Adult Jewish Education at the Sydenham Community Centre, in Johannesburg last week.





She was speaking with financial planner and educator Cliff Barnes on “The Next Chapter – embracing post Midlife Changes and Planning for Retirement”, presented by the Chevrah Kadisha Social Services and CAJE.

Smith said the baby boomer generation, people between the ages of 50 and 70, were born into an era of positivity in South Africa. It is a can-do generation.

Technology is one of the biggest drivers of change in society, from medical technology to information technology.

“Many areas of technology are changing ageing as well,” she said.

Among the trends to watch are lifelong learning, the work and play cycle – “do you work for money or meaning” – volunteering and the need to stretch finances to last throughout the retirement years.

The boomer generation did not grow up with computers and some people do not know how to use them, although today this is a vital skill.

Boomers will not retire like their parents, Smith said. The world has changed, they are living longer, they often have not saved enough and they want to add value and make a difference, even in retirement.

Retirement brings about many challenges, including life outside the corporate office, living at home with one’s partner, lifestyle diseases, lack of finance, not being able to market our skills and not being sufficiently techno-savvy, which often requires upskilling.

It is also necessary to build new goals and plans.

If we fail to plan and set goals, “we are often involved in our brains slowing down as we get older, not just our bodies”, she said.

We have to examine our life options

Barnes said retirement is a time “to plan your next life”, probably over many years of retirement.

“Retirement should be fun,” he said, but it requires a foundation of finances to support other aspects of life – leisure, community, health and housing. “Finances are the empowerment factor.”

Boredom is a major problem after retirement. An American study showed that two thirds of retired executives die within three years of retirement. The only difference between them and those who lived longer was that the other third looked forward to their retirement and planned for it.

Most people retire with insufficient finances, but even those who do have a lot of money, have to plan for a lengthy retirement. This means that they should not opt for “safe” investments in the bank, because inflation can erode the value of their money.

Investing in shares or in property are far better long-term investments, Smith said. Shares in particular provide returns that exceed inflation, which is a requirement for successful longer-term investing.

Decisions at retirement relates to the amount of cash needed and available and depends also on the goals set at that time.

Retirement goals are not just financial, but cover all areas of life.

There are many financial choices available at retirement and sound advice is required.

Rabbi Yossy Goldman, spiritual leader of the Sydenham-Highlands North Hebrew Congregation, said it was vital for people to have something to wake up for in retirement.

Sandra Goldberg of the Chevrah Kadisha Social Services introduced the speakers.


Continue Reading


  1. Denis Solomons

    Jul 22, 2015 at 10:50 am

    ‘probably the ideal place to reply to would be Umhlanga; however having said that places there are prohibitively expensive.

    But then what would one do during the day ; fish and shop at Gateway ;

    sounds ideal .

    But sure one needs a sound financial background to do this.

    Also Chabad of the North is there ; so that should cater for one’s spiritual needs .

    I suppose DSTV would also be a pre-requisite for retirement from an entertainment point of view. ‘

  2. Lester

    Jul 23, 2015 at 12:52 am

    ‘I hope The Krengel Boykies retire from Jewish OrganisationS’

Leave a Reply

Your email address will not be published. Required fields are marked *


Shabbat Around The World beams out from Jozi



More than 75 devices around the globe logged in to Beit Luria’s World Union for Progressive Judaism (WUPJ) Shabbat Around the World programme on Friday, 15 January.

Whether it was breakfast time in California, tea time in Europe, or time to break challah in Johannesburg, participants logged in to take part in Beit Luria’s Kabbalat Shabbat service.

Among those participating were Rabbi Sergio Bergman, the president of the WUPJ; chairperson Carole Sterling; and Rabbi Nathan Alfred, the head of international relations. Singers Tulla Eckhart and Brian Joffe performed songs from a global array of artists, along with Toto’s Africa to add a little local flair to the service. After kiddish was said and bread was broken, Rabbi Bergman thanked Beit Luria for hosting the WUPJ. The shul looks forward to more collaborations with its global friends in the future.

Continue Reading


UJW Sewing School graduates model creations



The outfits modelled by graduates of the Union of Jewish Women’s (UJW’s) Sewing School were all the more spectacular for the fact that some of their creators had never seen a sewing machine prior to the four-month course.

They were modelled at the school’s graduation ceremony at Oxford Shul on 15 December to much excitement and applause.

UJW executive member and Sewing School Manager Ariane Heneck expressed her gratitude to Chido Tsodzo, the school’s superb teacher, and the event ended with a much appreciated lunch for graduates and their invited guests.

The self-empowerment Sewing School for unemployed men and women was started by the UJW 10 years ago. It now has a small production team of ex-students, and some of its graduates have been employed in factories, while others are selling their own creations.

Continue Reading


Israel Rugby 7s to camp with the Blitzbokke



The thrill-a-minute Rugby 7s have captured the hearts of fans around the world. The Blitzbokke, South Africa’s national Rugby 7s team, ranks second in the world, and is among the most exciting, formidable, and feared of 7s teams.

Exactly 9 191 km away are the Israelis, an emerging rugby nation that has talent, determination, and a world-class coach in South African Kevin Musikanth. Now, these two squads will meet. The Israeli 7s side will be travelling to the SAS Rugby Academy in Stellenbosch to train with the Blitzbokke.

The Blitzbokke will have the opportunity to prepare for the coming 7s rugby season by measuring their skills of play against the Israelis. And the Israelis, well, they will be rubbing shoulders with, and learning from the best in the world and honing their skills for their coming European Rugby season.

“It’s an opportunity for our boys to learn from the world’s best,” says Musikanth. The SAS Rugby Academy is run by the legendary Frankie Horn, a technical expert whose coaching guidelines and methods are second to none in World Rugby 7s.

Musikanth took over as Rugby 15s head coach in Israel in 2018, and in October 2019, he became director of rugby for the Israeli Rugby Union and head coach for the national programmes of both the 15s and the 7s.

Horn visited Israel last December at the behest of Rugby Israel and its supporting Olympic body and since then, the partnership has continued to grow. The upcoming training camp will begin in Israel, where Horn, together with Phil Snyman, the former Blitzbok captain and multiple world champion winner, will spend a week with the players and coaching staff at Wingate, Netanya, the home base of Rugby Israel. They will then all travel to Stellenbosch for a week’s camp with the Blitzbokke.

“We’ve already seen the difference through our partnership with Frankie. Two of our players were spotted by him on his previous trip to Israel, and have been training at SAS on the off-season,” says Musikanth. The two players are Omer Levinson (scrum half) and Yotam Shulman (lock).

Horn, technical advisor to Rugby Israel’s 7s, says “It is a great opportunity for both teams to derive positive benefit from the camp.”

Israel Rugby has been making considerable professional strides since Musikanth took over the reins. Israel 15s played their 100th test match against Cyprus and celebrated with a 34-22 victory.

“We’re in the top 25 in Europe in 15s and in the top 16 in 7s, the toughest, most competitive continent in world rugby,” says Musikanth, “and I can realistically see us setting our sights on the Top 15 and Top 12 respectively in the future.”

Currently, there are three eligible South Africans who are on the Israeli national squad: Jayson Ferera as flanker (Pirates Rugby Club), Daniel Stein as fly half (studying in Israel), and Jared Sichel as prop (Hamilton’s Rugby Club, Cape Town). Eligibility to play for a national team in rugby is stricter than in other sports. One does not qualify just because one has a passport. One has to have had a parent or grandparent that was born in that country or one has to have lived in the country for at least three years.

“With so much Jewish rugby talent around the world, we would be able to put a world-class Israeli national team together if not for the measures that restrict eligibility to national call ups,” says Musikanth.

The Israel Rugby development project was accelerated thanks to Musikanth initiating Bridges through Rugby. This project is the collective effort of a few South African Jewish businessmen who appreciate the long-term vision of Israel becoming a stronger rugby nation. They have come on board to assist with this most opportune tour. National financial support is fixed and, as such, is limited. While the strong players and national coaches will be attending the training camp in Stellenbosch, there will be some that will, unfortunately, have to stay behind.

“This is a once-in-a-lifetime opportunity for our players and coaches. To get to see the best upfront and feed off their knowledge is going to be incredible,” says Musikanth. “Everyone is eager to go, of course, but there is a cap to the support we have in place. We would like to take a development u20 squad as well as coaching staff who would carry the benefits of this into the future. A rugby visit to Stellenbosch can change rugby lives in many respects. Stellenbosch is rugby utopia!”

Rugby aside, with the Israelis and South Africans camping together, the question of what will be for dinner after a gruelling day’s training may be a matter of contention. A tussle for whether to serve boerewors or shwarma may result in a scrum in the SAS dining hall to determine the outcome.

Continue Reading

HOLD Real Estate

Naale Elite Academy