The Woman & Finance Podcast
Welcome to The Woman & Finance Podcast
Hi, I’m Mapalo Makhu, your host, personal finance educator, and author of You're Not Broke, You're Pre-Rich. I hold a BCom in Finance, a Postgraduate Diploma in Financial Planning, and a Postgraduate Diploma in Investment Planning, with over 10 years of experience in the financial services industry. More importantly, I’m deeply passionate about empowering women to take charge of their financial futures.
This podcast is a judgment-free space for open and insightful conversations about money—without the confusing jargon. Whether you’re looking to budget more effectively, get out of debt, start investing, or build lasting wealth, this is the place for you.
Each episode brings you practical advice, expert insights, and real conversations designed to help you make informed financial decisions with confidence. Because financial freedom isn’t just for a select few—it’s for every woman ready to take control.
If you’re on a journey to financial wellness, hit follow and be part of a community of women committed to building wealth and securing their futures.
Let’s learn, grow, and thrive—together.
The Woman & Finance Podcast
Planning for Retirement
In the last two episodes, we explored saving and investing for goals we aim to achieve during our working years. However, there comes a time when we want to relax and retire, or at least have the option to choose whether to keep working or not.
One of the major challenges with retirement funding is that people are living well beyond the traditional retirement age. Many companies set retirement at 60, yet with life expectancy nearing 90 years, that leaves us with around 30 years of retirement to fund.
There are really only two ways to address this: either start saving 18% of your salary from your very first paycheck, or delay retirement until 65. Even in that case, saving at least 15% of your income from the age of 25 is necessary to retire comfortably. Many people still find they need to supplement their retirement income, and in the next episode, we'll dive deeper into retirement strategies. In this episode, however, we discuss “how much is enough,” the importance of paying off debt before retirement, how to invest for retirement, and the different investment products available.
We also cover the introduction of the Two Pot retirement system and its impact on retirement planning outcomes.