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5 Lessons in saving from the Comrades Marathon

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Chris Veegh, Head of Consulting at 10X Investments For most people, the idea of running the Comrades marathon is as absurd as it is scary. If you can barely manage to circle the block, then the idea of a 90km footrace is as far-fetched as flying to the moon. Clearly, this challenge is not for ordinary people. And yet, every year thousands of very ordinary people take it on and finish before the 12-hour cut-off. The trick is commitment and perseverance, rather than athletic ability. Saving for retirement may appear just as daunting to some: circumstance, financial or personal, might make this goal as improbable as finishing the Comrades. But the same principles that get you over the line at the Comrades will get you to a comfortable retirement. 1. Prime goal: beat the cut-off Other than elite and sub-elite runners, the primary goal for every Comrades runner is to at least finish within the 12-hour cut-off. Many might hope to do better, but getting a medal is the first obje...