Tim had led an interesting life. As a highly respected quantity surveyor he had had his own practice initially, but for the last 10 years he had worked for a large corporate, earning a good salary and contributing to the corporate’s pension scheme.

Louise (54) is an entrepreneur with a highly successful, cash-flush company –with her (3rd) husband Frank. Louise, Frank and two other partners own the company (valued north of R80m). She has 2 grown children, one from each previous partner and a younger child with Frank.

David (72) has accumulated a decent share portfolio during his lifetime as an entrepreneur, never having much truck with pensions and the like. When he sold his company, that capital was also turned into local and offshore share portfolios, with the intention of living off portfolio dividends for retirement.

Kerry and Hank (mid 50s) have made the decision to move overseas. They have both got jobs set up in Dubai in the next year (where permanent residency is unlikely). They intend to move into Europe later and retire outside of South Africa.