Mental Health Awareness Month – The important role that finances play in our mental health.
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GUEST - Dr Marion Borcherds, Senior Manager and Head of Well-being at AfroCentric, a Sanlam subsidiary
Financial insecurity is not only about depleted bank accounts – it chips away at psychological resilience. When people lack financial confidence, they carry an invisible burden that permeates every aspect of their wellbeing.
Sanlam’s Age of Confidence campaign shows that most South Africans will need to work until the age of 80 to retire comfortably. That sobering projection alone creates a heavy psychological strain. Added to this, our 2025 Sanlam Benchmark report found that 44% of households have already dipped into emergency savings simply to make ends meet – a clear sign of how fragile financial and mental resilience have become.
Financial insecurity is not only about depleted bank accounts – it chips away at psychological resilience. When people lack financial confidence, they carry an invisible burden that permeates every aspect of their wellbeing.
Sanlam’s Age of Confidence campaign shows that most South Africans will need to work until the age of 80 to retire comfortably. That sobering projection alone creates a heavy psychological strain. Added to this, our 2025 Sanlam Benchmark report found that 44% of households have already dipped into emergency savings simply to make ends meet – a clear sign of how fragile financial and mental resilience have become.
