How much money to save for retirement in South Africa 2023

Hi guys
In this video I speak about methods we can use to make sure we can retirement comfortably.
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3 methods are:
1. Multiply your final annual salary by 15
2. Save R1-million for every R5,000 you want to draw down as a pension every month
3. Multiply your monthly needs by 300
Many financial planners use a replacement ratio of 75% of your current salary. To set a target goal for this replacement ratio, a good estimate is to multiply your monthly salary by 200. The total you get is the amount you'd need if you retired today at a 75% replacement ratio.
There are three basic steps to achieve your retirement savings goal:
1. Start as early as possible. This lets you benefit from compound growth, so you can save less as a percentage of your salary over your lifetime, and still achieve your retirement goal.
2. Contribute consistently over time
3. Always preserve your retirement savings if you change jobs.
Thanks