{"schema_version":"GreyResearchObject 1.2","id":"GSX:POP-001","slug":"when-retirement-becomes-impossible","series_slug":"population-futures","series_title":"Population Futures","series_number":"02","paper_number":"01","title":"When Retirement Becomes Impossible","version":"1.0","status":"published","primary_question":"What are the demographic and financial limits of retirement at 60?","summary":"The demographic and financial limits of retirement at 60.","topics":["retirement","pensions","population-decline","south-africa"],"geographies":["South Africa"],"keywords":["Retirement","Pensions","Population decline","South Africa","retirement","becomes","impossible","demographic","financial","limits","60"],"related_questions":["Under what conditions does retirement at 60 remain financially viable?","How do ageing and lifetime finances constrain retirement at a fixed age?"],"answer":{"conditional_answer":"In this funded-account model, a worker who starts at 25 on R30,000 a month, contributes 12 percent, and earns a 3 percent net real return exhausts a pension equal to 60 percent of final salary around age 70 if retirement begins at 60 and life lasts to 90.","evidence_status":"modelled","assumption_ids":["GSX:POP-001:A01","GSX:POP-001:A02"],"result_ids":["GSX:POP-001:R01"],"main_limitation":"This is one modelled path, not a forecast and not South Africa's current retirement system. 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