Prepare for the life when you get old

[Ryu_Ar1]

With today's technological advances and coupled with the conditions where young people are today, of course, this is very good because they can take advantage of the times and not reject various aspects of knowledge. Even though not all of them are prepared, at least there are a lot of young people who are quite successful and can be used as a reference for things like this.

They realize that self-preparation is quite important so they don't delay things like this.

Now there are a lot of supporting factors that can be utilized to make a good life and now it depends on our willingness whether it will only be stuck in place or move and want to live better.

In the end, everything will depend on our own will. If we as the younger generation have high motivation to move forward, then at this time opportunities in all fields are very open for us to enter as long as we are willing to learn. Because now it's easy to access information to add insight and various skills for ourselves, it's also quite easy to get. Even with just a smartphone and an internet connection, we can learn a lot from the internet.

In the past, people had difficulty getting insight because there was no internet world. In the past, if we wanted to gain insight, we had to go to school or to a library to read more books. but now we can access various kinds of books that contain insights from around the world via the internet. so that the current obstacle for the younger generation is only in growing motivation. because sometimes the result of the convenience of technology can actually make the younger generation lazy to learn. their motivation is low in learning because they think that there is no need to learn because if they need information and insight then they only need to look for it on internet search engines to find information.

This is the point.
Because now the resources are adequate, it depends on how we deal with it. Information is easy to obtain, sophisticated technology is widely available now, it's just a matter of how we generate interest in ourselves whether we want to move or not because of course what happens now is that the biggest problem is laziness and I think almost everyone has felt something like this.
Many people are indeed quite lazy to be literate on information and keep up with technology which makes us seem to be left behind with increasingly sophisticated technology.

[Davian144]

I remember the sentence "When you are rich then think if destiny changes you will be poor", I have changed the pattern of economic management in the last few years to save for old age because we will not get the same income every month and we can even lose our jobs at any time and there is no income, for example during the last pandemic many people lost their jobs due to economic difficulties companies, people without savings would find it difficult to buy food needs and some hoped for assistance from the government. In conclusion, we must set aside money for savings from each income/salary, savings are also useful for mandatory emergency needs in personal or family financial management.

What you did was actually very suitable and not wrong at all because from several facts what you said it really happened and indeed there were difficulties for those who had lost their jobs due to the pandemic. So that saving in life has actually become a foundation that must be done as long as we are still alive by setting aside a little of the income that we can still get. Because besides that it can be very useful in old age, it can also be very useful when someone experiences unexpected difficulties in their life.

[uswa56]

I remember the sentence "When you are rich then think if destiny changes you will be poor", I have changed the pattern of economic management in the last few years to save for old age because we will not get the same income every month and we can even lose our jobs at any time and there is no income, for example during the last pandemic many people lost their jobs due to economic difficulties companies, people without savings would find it difficult to buy food needs and some hoped for assistance from the government. In conclusion, we must set aside money for savings from each income/salary, savings are also useful for mandatory emergency needs in personal or family financial management.

What you did was actually very suitable and not wrong at all because from several facts what you said it really happened and indeed there were difficulties for those who had lost their jobs due to the pandemic. So that saving in life has actually become a foundation that must be done as long as we are still alive by setting aside a little of the income that we can still get. Because besides that it can be very useful in old age, it can also be very useful when someone experiences unexpected difficulties in their life.

almost everyone wants to do this, but not everyone can do this, only people who have more income than what is needed can prepare them to live in old age.
the preparations made are indeed not just money but whether it is a form of business for the future or investment.
Instead of saving, I agree to invest or build a business with a long-term plan. In my opinion, this can not only be enjoyed in old age, but from an early age we can feel the results, even though it is a difficult and long process.

[Sterbens]

What you did was actually very suitable and not wrong at all because from several facts what you said it really happened and indeed there were difficulties for those who had lost their jobs due to the pandemic. So that saving in life has actually become a foundation that must be done as long as we are still alive by setting aside a little of the income that we can still get. Because besides that it can be very useful in old age, it can also be very useful when someone experiences unexpected difficulties in their life.

Life will always spin, there will be times when someone is at the highest or even lowest point in his life. I hope one day I will reach the highest point in my life, as you said, if we save or have savings, at least it will be very useful when we face difficult times in life, and my parents have taught me to always save. Apart from saving, I also set aside a little of my money for Bitcoin investment in the long term with the hope of enjoying the results in my old age.

[blockman]

People no longer think if today but only think of tomorrow because it is a major priority of every human
So long as you alive

It's the opposite that I know of from the community that I'm living in. They think that we only live once and that's why they enjoy the things that they can enjoy today through pleasures and never think of what's about to happen by tomorrow. They never think about their future and that's why the most important thing to them is present which is actually true but their approach and way of demonstrating it is in the wrong ways.
Yeah, we only live once and that's why we need to prepare and be better with the future that's heading to once because we'll never know if the same ways of living will still be in the future or we can still enjoy by that time or we'll face a lot of troubles and problems because of our ignorance today in saving, investing and preparation.

Agreed and sad to see so many people misinterpret or try to distort the real meaning of it. I have no idea if there is any correlation between being rich and planning for the future but most rich people in my big family are very frugal and they always plan for the future. They don't complain about "live in the present", "enjoy the moment"  because they all have clear goal of what kind of life they are envisioning and how to get it. On the contrary, the less fortunate people who barely make ends meet tend to spend most spare money on leisure and keep saying "we only live once". I used to explain the meaning to them but not any more. It's just impossible. We only live the way we choose.

That's how they interpret the meaning of living once but doing the wrong things. Someday, they'll come to realize the true meaning of it when they'll get to remember those things that they've done and will start to have that thought that regret that they should have done better instead of those activities that haven't been productive to them. Although they can also justify it that the memories that they've made with those activities and people that they've been with can be treasured, yeah, we're there but dealing with the reality sucks and will make them realize everything is just passing by as a memory and I agree with you that we get to choose the type of living we want and the memories we want to treasure.

[Obari]

People no longer think if today but only think of tomorrow because it is a major priority of every human
So long as you alive

It's the opposite that I know of from the community that I'm living in. They think that we only live once and that's why they enjoy the things that they can enjoy today through pleasures and never think of what's about to happen by tomorrow. They never think about their future and that's why the most important thing to them is present which is actually true but their approach and way of demonstrating it is in the wrong ways.
Yeah, we only live once and that's why we need to prepare and be better with the future that's heading to once because we'll never know if the same ways of living will still be in the future or we can still enjoy by that time or we'll face a lot of troubles and problems because of our ignorance today in saving, investing and preparation.

Agreed and sad to see so many people misinterpret or try to distort the real meaning of it. I have no idea if there is any correlation between being rich and planning for the future but most rich people in my big family are very frugal and they always plan for the future. They don't complain about "live in the present", "enjoy the moment"  because they all have clear goal of what kind of life they are envisioning and how to get it. On the contrary, the less fortunate people who barely make ends meet tend to spend most spare money on leisure and keep saying "we only live once". I used to explain the meaning to them but not any more. It's just impossible. We only live the way we choose.

That's how they interpret the meaning of living once but doing the wrong things. Someday, they'll come to realize the true meaning of it when they'll get to remember those things that they've done and will start to have that thought that regret that they should have done better instead of those activities that haven't been productive to them. Although they can also justify it that the memories that they've made with those activities and people that they've been with can be treasured, yeah, we're there but dealing with the reality sucks and will make them realize everything is just passing by as a memory and I agree with you that we get to choose the type of living we want and the memories we want to treasure.

Most times people tend to complicate life with alot of expectations to meet and at some point, I get to tell people to accept life the way it comes and try to live the life to the fullest and also live everyday like it's the last and  basically there are cases of people who seem there isn't any future for them but at the end, we see them doing very well in the future and there are those who look very promising with bright futures but end up living a worthless life.
For those who are christians, you'll agree with me that there is a saying in the Holy book that "I KNOW THE END FROM THE BEGINNING. and there is also another saying in the Bible "I KNOW YOU EVEN BEFORE YOU WERE FORMED IN YOUR MOTHERS WOMB.
going with this saying, you'll understand that everything has been predestined and there are people who no matter how hard they try to make it in life, nothing seems to be fruitful not because they're not hard working but because they're destined not to be fruitful.
There are people that also live very reckless and careless live but still end up doing very well in future.
No one wants to be poor but even with planning, there are people who still can't have a satisfying life.

[blockman]

That's how they interpret the meaning of living once but doing the wrong things. Someday, they'll come to realize the true meaning of it when they'll get to remember those things that they've done and will start to have that thought that regret that they should have done better instead of those activities that haven't been productive to them. Although they can also justify it that the memories that they've made with those activities and people that they've been with can be treasured, yeah, we're there but dealing with the reality sucks and will make them realize everything is just passing by as a memory and I agree with you that we get to choose the type of living we want and the memories we want to treasure.

Most times people tend to complicate life with alot of expectations to meet and at some point, I get to tell people to accept life the way it comes and try to live the life to the fullest and also live everyday like it's the last and  basically there are cases of people who seem there isn't any future for them but at the end, we see them doing very well in the future and there are those who look very promising with bright futures but end up living a worthless life.
For those who are christians, you'll agree with me that there is a saying in the Holy book that "I KNOW THE END FROM THE BEGINNING. and there is also another saying in the Bible "I KNOW YOU EVEN BEFORE YOU WERE FORMED IN YOUR MOTHERS WOMB.
going with this saying, you'll understand that everything has been predestined and there are people who no matter how hard they try to make it in life, nothing seems to be fruitful not because they're not hard working but because they're destined not to be fruitful.
There are people that also live very reckless and careless live but still end up doing very well in future.
No one wants to be poor but even with planning, there are people who still can't have a satisfying life.

Yes, things and situations might be predestined for us but everyone has been given free will and that's the power that's given to us to change the situation that we're in whether it's good or bad. I know people that have lived miserably in the past and living good today and that's because of their decision but not everyone ends with that situation. There are those that are already happy and contented with what they have thus, they chose to continue living the hard way because even if they've got good plans, they lack of execution and following what they've planned for.

[dunfida]

Always plan for the future. What do you think ?

Always having a plan for the future is something that we should really be thinking about because you and your wife would really be living until the very end.No matter how many children you do have, it wouldnt assure you
that they would be taking care of you both when you do get old.This is why you should set back up plans and savings which is really that intended for future use or on the time you do get old.Speaking about economic difficulties then you would definitely be feeling off these things on the time you would lose your job or would really be somewhat affected.This is why having back up plans and investment
will really be that suggested and recommendable.

[Obari]

Yes, things and situations might be predestined for us but everyone has been given free will and that's the power that's given to us to change the situation that we're in whether it's good or bad. I know people that have lived miserably in the past and living good today and that's because of their decision but not everyone ends with that situation. There are those that are already happy and contented with what they have thus, they chose to continue living the hard way because even if they've got good plans, they lack of execution and following what they've planned for.

Yeah you're right mate but have you also thought about the essence of opportunity?
There are alot of persons who are physically, mentally, educationally and also emotionally prepared to change their life stories but unfortunately haven't gotten an opportunity to do so and you also think those persons lack executional plans? NO
Let's take for instance, everyone wants to own a house, possibly a big and very comfortable house, what should be the executional plan for someone who has sincerely tried everything humanly possibly but failed ?
There are people who are spiritually under a spell and no matter the perfect execution approach they have, they will never succeed,.
Do you now think those sort of persons don't want to improve their lives ?
I guess no because at the end I just believe success shines on those they choose to shine on even without most of them working quarter of what those struggling out their must have suffered.

[glendall]

I heard an old phrase once about saving for retirement, it requires a worker to save at least 1 or more gold coins for every year they have worked.  This is in order that no matter the currency that might exist in 50 years times after you start work you will still have the gold which does not rust, degrade or devalue especially over decades.  If you do not have this minimum in addition to pension or other ideas of saving like a house for example then expect to struggle with issues like inflation which are not new and can be expected to always arrive in time for old age.

this is usually the bank that offers by cutting wages that have collaborated between the company and the bank so that this savings is very useful in old age, my father did this before but because of the introduction of this new system so my father's old age savings are not optimal but not bad for small business capital when old

[Marcellin9]

Yes, things and situations might be predestined for us but everyone has been given free will and that's the power that's given to us to change the situation that we're in whether it's good or bad. I know people that have lived miserably in the past and living good today and that's because of their decision but not everyone ends with that situation. There are those that are already happy and contented with what they have thus, they chose to continue living the hard way because even if they've got good plans, they lack of execution and following what they've planned for.

Yeah you're right mate but have you also thought about the essence of opportunity?
There are alot of persons who are physically, mentally, educationally and also emotionally prepared to change their life stories but unfortunately haven't gotten an opportunity to do so and you also think those persons lack executional plans? NO
Let's take for instance, everyone wants to own a house, possibly a big and very comfortable house, what should be the executional plan for someone who has sincerely tried everything humanly possibly but failed ?
There are people who are spiritually under a spell and no matter the perfect execution approach they have, they will never succeed,.
Do you now think those sort of persons don't want to improve their lives ?
I guess no because at the end I just believe success shines on those they choose to shine on even without most of them working quarter of what those struggling out their must have suffered.

Agreed. Opportunity is probably the most important element in success. No matter how well you are prepared, if you don't meet any opportunity, things will end up in failure inevitably. I usually correlate opportunity with luck because they are like twin brothers that can always turn things into magic. I like to take chances to find opportunities but it's like something that is predestined, you only have it if you life had it in the first place. Harsh truth.

[karabiber]

What kind of investment do you like?Maintaining the value of your assets or increasing your assets?

If the first question is for you then there is no reason to invest in precious metals. In my opinion, precious metals are the best alternative to reduce the purchasing power created by inflation.

If the second question is for you then I would recommend getting into the crypto world. But the most important point here is whether your knowledge is sufficient for crypto investment. If you have knowledge about crypto and want to double your investment, of course invest in crypto.

[tjtonmoy]

It is better to have something rather than having nothing. Future plans are always a good thing to have in order to have a good life. Without ambition, life is useless. Enjoy the life as much as you can, and in order to maintain that also have a plan to support yourself in the time of emergencies.
It's a good idea to make a savings for some reason. Without reason, people find it hard to keep that money in their savings. Having a reason will prevent anyone to use that money for other reasons. It makes saving easy until the reason is fulfilled.

[umbara ardian]

I completely agree with your point of view. It's never too early to start planning for our future, especially when it comes to our financial well-being. We never know what challenges life will throw our way, and it's essential to have a safety net to fall back on in case of unexpected circumstances. Saving money and making sound financial decisions are important habits to cultivate throughout our lives, and it's never too late to start. We should also consider diversifying our sources of income, investing in our education and skill development, and creating a retirement plan to ensure that we have enough money to support ourselves when we are no longer able to work. It's also important to enjoy the present moment, but not at the expense of our future. By being proactive and planning ahead, we can have peace of mind and a comfortable life when we get older.

[carlisle1]

Yes, things and situations might be predestined for us but everyone has been given free will and that's the power that's given to us to change the situation that we're in whether it's good or bad. I know people that have lived miserably in the past and living good today and that's because of their decision but not everyone ends with that situation. There are those that are already happy and contented with what they have thus, they chose to continue living the hard way because even if they've got good plans, they lack of execution and following what they've planned for.

Yeah you're right mate but have you also thought about the essence of opportunity?
There are alot of persons who are physically, mentally, educationally and also emotionally prepared to change their life stories but unfortunately haven't gotten an opportunity to do so and you also think those persons lack executional plans? NO
Let's take for instance, everyone wants to own a house, possibly a big and very comfortable house, what should be the executional plan for someone who has sincerely tried everything humanly possibly but failed ?
There are people who are spiritually under a spell and no matter the perfect execution approach they have, they will never succeed,.
Do you now think those sort of persons don't want to improve their lives ?
I guess no because at the end I just believe success shines on those they choose to shine on even without most of them working quarter of what those struggling out their must have suffered.

Agreed. Opportunity is probably the most important element in success. No matter how well you are prepared, if you don't meet any opportunity, things will end up in failure inevitably. I usually correlate opportunity with luck because they are like twin brothers that can always turn things into magic. I like to take chances to find opportunities but it's like something that is predestined, you only have it if you life had it in the first place. Harsh truth.

Yup, if you know how to pick the right opportunity that opened and manage to work it well, chances of success are high,
I'm pretty sure that every person has it in life.

It's a matter of how well you recognize it and how you take every openings, it's always up to you on how you grab and take all the advantages.

with good opportunity and an influence of luck sure deal, you will find great success.

[naikturun]

Financial security is important in old age, so it's essential to plan for retirement. This involves saving money, investing wisely, and planning for the unexpected, such as health emergencies or changes in living situations.

[Farma]

It is better to have something rather than having nothing. Future plans are always a good thing to have in order to have a good life. Without ambition, life is useless. Enjoy the life as much as you can, and in order to maintain that also have a plan to support yourself in the time of emergencies.
It's a good idea to make a savings for some reason. Without reason, people find it hard to keep that money in their savings. Having a reason will prevent anyone to use that money for other reasons. It makes saving easy until the reason is fulfilled.

saving and investing are decisions we usually make for the future we have, and that includes old age. we need to save the money we have, not just for emergencies but for the old age we have. it is very true that the value of the money we save is always reduced due to inflation and other economic problems. however, it is a decision that has proven long ago to be a lifesaver in old age. besides that, looking for investments that can give us profit every month is a must. in old age, we need to consider that we can no longer work, so we need that type of investment.

[blockman]

Yes, things and situations might be predestined for us but everyone has been given free will and that's the power that's given to us to change the situation that we're in whether it's good or bad. I know people that have lived miserably in the past and living good today and that's because of their decision but not everyone ends with that situation. There are those that are already happy and contented with what they have thus, they chose to continue living the hard way because even if they've got good plans, they lack of execution and following what they've planned for.

Yeah you're right mate but have you also thought about the essence of opportunity?
There are alot of persons who are physically, mentally, educationally and also emotionally prepared to change their life stories but unfortunately haven't gotten an opportunity to do so and you also think those persons lack executional plans? NO
Let's take for instance, everyone wants to own a house, possibly a big and very comfortable house, what should be the executional plan for someone who has sincerely tried everything humanly possibly but failed ?
There are people who are spiritually under a spell and no matter the perfect execution approach they have, they will never succeed,.
Do you now think those sort of persons don't want to improve their lives ?
I guess no because at the end I just believe success shines on those they choose to shine on even without most of them working quarter of what those struggling out their must have suffered.

I also understand that. Not everyone is given the same opportunity but I've been there and experienced that, still, those who don't give up will still end up with a better opportunity even if the current situation isn't giving them the best opportunities that they can have.
I know that it's a kind of discouragement to them and that's not giving them the motivation to change their lives and have some preparation for the future. As said, we all have the free will to change our lives and take every step and action that we think shall make our lives better. In the end, the real winners of life are those who don't give up even if they've experienced tremendous loses.

[Obari]

Yes, things and situations might be predestined for us but everyone has been given free will and that's the power that's given to us to change the situation that we're in whether it's good or bad. I know people that have lived miserably in the past and living good today and that's because of their decision but not everyone ends with that situation. There are those that are already happy and contented with what they have thus, they chose to continue living the hard way because even if they've got good plans, they lack of execution and following what they've planned for.

Yeah you're right mate but have you also thought about the essence of opportunity?
There are alot of persons who are physically, mentally, educationally and also emotionally prepared to change their life stories but unfortunately haven't gotten an opportunity to do so and you also think those persons lack executional plans? NO
Let's take for instance, everyone wants to own a house, possibly a big and very comfortable house, what should be the executional plan for someone who has sincerely tried everything humanly possibly but failed ?
There are people who are spiritually under a spell and no matter the perfect execution approach they have, they will never succeed,.
Do you now think those sort of persons don't want to improve their lives ?
I guess no because at the end I just believe success shines on those they choose to shine on even without most of them working quarter of what those struggling out their must have suffered.

I also understand that. Not everyone is given the same opportunity but I've been there and experienced that, still, those who don't give up will still end up with a better opportunity even if the current situation isn't giving them the best opportunities that they can have.
I know that it's a kind of discouragement to them and that's not giving them the motivation to change their lives and have some preparation for the future. As said, we all have the free will to change our lives and take every step and action that we think shall make our lives better. In the end, the real winners of life are those who don't give up even if they've experienced tremendous loses.

I'm still lost in what you really mean by "we have the free will to change our lives and take every step and action that we think shall make our lives better"
Mate you should consider the wheelbarrow pushers or maybe the petty beggars, do you think same opportunity presented to you might be the same presented to them ?
Absolutely no, and there are people who were born with Golden spoons and life in general has been smooth and fair to them and there are others who figure life out all by themselves.
Mate life isn't bed of roses and no matter how hopeless one might seem to be, they in one way or the other, still desire to make it.
There are cases of physically challenged persons who are doing very financially well far more than those who are physically complete.
Hence life is predetermined.

[Mauser]

As he ages, the window for him is closing. I never saw him encounter any financial problem because he has been diligient and frugal. This meet-up has completely changed my mind. Even people like him are struggling financially and we'd better prepare a comfortable life for the old version of ourselves. This uncle is still doing okay although with some struggles but I am sure there are millions who are broke and wish they could have made and saved more money when they were young. Always plan for the future. What do you think ?

In my country we have a huge retirement system run by the government which is going to fail eventually and nobody of the younger generations can rely on it. The problem is that our system is not capital funded and relies upon a larger number of tax payers than elderly people. But with the changing demographics there is no way that in 10-15 years the workforce can maintain the payments for the elderly people. The only solution we have today is private retirement insurance or build an investment portfolio on our own and keep it until we retire. Retirement funds usually have very strict investment regulations and will not invest in risky crypto currencies. That's why it's probably better to save money on our own. With time frames of 30 years until retirement there can be huge returns with the right investments. It's all about making long term decisions at a young age and let the money grow over time.