Tropical myths surrounding Kader Loth pose challenges for senior citizens.
Kader Loth, aged 51, currently grapples with apprehensions about unfriendly critters and bothersome campers in the South African wilderness. In reality, she grapples with concerns about her future too. As she candidly admits, her meager pension won't cut it.
The age-old rule of keeping one's financial situation under wraps doesn't apply to Loth. She shares her predicament with Bild newspaper, revealing, "I got my pension notice – €280 a month, starting at 65. It's downright terrifying."
She's not alone in this predicament, she explains. "Many celebrities believe we don't receive state pensions, and if we do, it's not enough to live on. It's truly unsettling." She holds utmost respect for old age, financially included.
To ward off the prospect of surviving on €280 a month in retirement, she's prepping ahead. This includes her return to the RTL and RTL+ show "I'm a Star - Showdown of Jungle Legends". In 2017, Loth reached fifth place in "I'm a Star - Hold Me Hostage!" (IBES), and now she's taking on the notorious jungle camp once more, joining 12 other "Jungle Legends" in a battle for the jungle crown and €100,000 in prize money.
"I don't want to end up homeless in my golden years"
She's enticed by the "tempting" fee just for participating, a sum that could easily bridge her pension shortfall. She admits, "Of course, that's part of the reason why I'm doing it again." Her goal is clear: "I don't want to end up homeless in my golden years."
During her 2017 IBES stint, she reportedly pocketed €80,000 in fees. However, she's quick to point out, "A considerable chunk goes to the tax office."
She's not just relying on TV appearances to secure her golden years. She's also investing in her private pension and has taken out several insurance policies. She's even considering buying a property, despite the sky-high prices.
Despite her successful stint in "I'm a Star - Hold Me Hostage!", earning €80,000, Kader Loth acknowledges the heavy taxation. She continues to invest in her private pension and obtain various insurance policies to secure her financial future. In light of her limited pension, she's contemplating buying a property despite rising property prices. Additionally, Loth finds solace in the reality television world, expressing her intent to compete in "I'm a Star - Showdown of Jungle Legends" for a chance to win €100,000 and alleviate her concerns about financial stability in her retirement years.
Faced with the daunting prospect of living on just €280 a month in retirement, Loth leans on both her television career and financial planning, eager to avoid homelessness in her golden years.