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Author Topic: Prepare for the life when you get old  (Read 2211 times)
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May 11, 2023, 11:58:06 PM
 #341

Preparing for life as we get age we need to take care of our physical health by doing exercise regularly, eating a balanced diet, getting enough sleep, and staying up to date with medical check-ups. We need to do as well financial planning because it is important to plan for our retirement and ensure that we have enough savings to support ourselves in our later years. Maintaining social connection for our mental and emotional health. We need to stay connected with friends and family to have an active social life as we aged.
I too am thinking the same thing right now about preparing for old age. And especially now I'm thinking about taking more care of my health so that I can stay fit until I'm old. because these past few days I have seen my co-workers sick and that makes me think that financial planning cannot be carried out if we are not healthy. so that health seems to be prioritized or a priority in our lives. Because if you have a lot of money but you are not healthy, you certainly won't be able to enjoy that money for pleasure.

A kind of decision that needed to address while you are still young and very capable of budgeting yourself. If you want to have a better life, both physical and financial, it's about time to make things possible. With good credit capabilities, you can achieve your dream life. After 
working in a 8-hours daily life saving enough percentage of your monthly salary can help you to establish your financial capabilities either to just save your money or make a good investment that will grow and give you a decent life ahead after your retirement.
Unfortunately, we can't anticipate what path life may take us.  Excessive thinking about things that may happen in the future can be an obstacle to living our daily lives now in a normal way.  Perhaps it is better that our interest in this advanced period of our life is not exaggerated, because it is often not possible to predict what might turn out without us having an account of that.
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May 12, 2023, 12:11:04 AM
 #342

that's why it's always essential investing from the very early phase of our life, having so much money when old age is just better than having none after all, we all know that everything needs money nowadays.
that's also the reason pension fund is really important, it could quite literally give us assurance that in our old age we will have money for ourselves as to not burden the other but here's the thing are you sure you gonna live until you reached more than 60s because honestly there are many that died at their early phase of their life so beside saving for your retirement age you should also enjoy your life while you can, spending leisurely so long it's still make sense is not wrong. after all, life need to be enjoyed.

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May 12, 2023, 01:40:07 AM
 #343

Many people are afraid of facing old age not because they don't believe they will grow old, but they are afraid because in old age there are many things that cannot be done because of a weakened body, reduced memory and susceptibility to illness or illness, if we have unhealthy eating habits then immediately consult a nutritionist so that in old age you don't often get sick, besides that preparing finances by seeking passive income is very important.


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May 12, 2023, 08:37:59 AM
 #344

Life is very strange. From birth to death, each of our lives is a battle. The name of this war is competition. We have ups and downs in life. We spend money on the children of our own family thinking about their future. But we do not teach them how to save money, not to spend unnecessarily. I only care about their studies. And not to mention their religious values. We need financial success for ourselves before we grow old. People are always changing. There is no guarantee that those we work hard for throughout our lives will look after us in our later years. So each of us should think about ourselves and keep a good financial arrangement for ourselves so that even if we can't work at the last age, we can pass the life fairly. And if anyone is thinking that he will work in his late age, I think it is totally wrong idea. This world is competitive only strong people can survive here. So we should think for ourselves and keep ourselves financially sound before we die.
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May 12, 2023, 08:44:57 AM
 #345

That is what most people don't get. You work for your retirement, not only your salary. Delayed gratification is hard, but it pays off.
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May 12, 2023, 01:05:59 PM
 #346

That is what most people don't get. You work for your retirement, not only your salary. Delayed gratification is hard, but it pays off.

When we are productive then we have to force ourselves to be able to save and prepare for retirement, calculate the needs if when we retire with our wife then we have to do it right away, the other most important thing of course is preparing an investment or business that will be a source of income when we are old.
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May 12, 2023, 01:42:44 PM
 #347

That is what most people don't get. You work for your retirement, not only your salary. Delayed gratification is hard, but it pays off.
I would not count on only one pension because anything can happen to the fund over a long period of time. I am working on a strategy for myself and additional income that can help me in the future and I do not have to have only one source. The earlier many people understand this, the more likely they are to have at least some savings in old age.
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May 12, 2023, 02:02:25 PM
 #348

That is what most people don't get. You work for your retirement, not only your salary. Delayed gratification is hard, but it pays off.

When we are productive then we have to force ourselves to be able to save and prepare for retirement, calculate the needs if when we retire with our wife then we have to do it right away, the other most important thing of course is preparing an investment or business that will be a source of income when we are old.
It is better to save for old age security because at that time a person becomes unemployed. If you save for the future, you don't have to be dependent on someone in old age. You can use everything as you wish. Usually parents are dependent on their children in old age. Parents are affected by various complex diseases in old age. If the policy makers are not alerted in advance to change this situation, there will be adverse reactions in their lives in the future.



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May 12, 2023, 02:12:44 PM
 #349

That is what most people don't get. You work for your retirement, not only your salary. Delayed gratification is hard, but it pays off.
I would not count on only one pension because anything can happen to the fund over a long period of time. I am working on a strategy for myself and additional income that can help me in the future and I do not have to have only one source. The earlier many people understand this, the more likely they are to have at least some savings in old age.

If you can afford then its good since the more the better but mostly I've known like in government they only have paying one insurance for their pension in the future as it is already enough for them because for sure you'll already settle that time , your children is hoping helping you so it is better to like invest it into something like business or land or properties so that you can give it to you children and they can use it in all of your generations.
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May 12, 2023, 02:13:59 PM
 #350

we can only try to do it in making money and then saving. whatever happens in the future may not necessarily be according to our expectations. learn from your experience it looks like money and family, it's good that family is prioritized especially if you already have a child. if we think of traveling far but only looking for money that is not even suitable to be carried into the future it seems very tiring. why not look for a small income but always see your baby grow up at least maybe he will pay for us in our old age.

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May 12, 2023, 03:34:03 PM
 #351

That is what most people don't get. You work for your retirement, not only your salary. Delayed gratification is hard, but it pays off.
I would not count on only one pension because anything can happen to the fund over a long period of time. I am working on a strategy for myself and additional income that can help me in the future and I do not have to have only one source. The earlier many people understand this, the more likely they are to have at least some savings in old age.

Better understanding will let those people to start thinking about what will going to happen in the nearest future, preparing yourself
when you get old should always have that space from your finances.

It will help you to achieve good and stable lifestyle even you are no longer working, aside from your pensions early investments or savings will help.

Good thing to think about it while you can still find sources of finances to save up or to invest, so you don't need to worry
if what you need to do when you are already old.
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May 12, 2023, 03:34:51 PM
 #352

it is a must, but not everyone succeeds in preparing for their old age, at least they have the younger generation to support their lives, namely their children. because I have heard that some people work hard for old age also does not guarantee they will be comfortable because money continues to inflate. I don't know how they actually prepared it. do they just think about piling up without thinking it will be eroded every time. i advise to save in gold.

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Uruhara
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May 12, 2023, 03:39:35 PM
 #353

Preparing for life as we get age we need to take care of our physical health by doing exercise regularly, eating a balanced diet, getting enough sleep, and staying up to date with medical check-ups. We need to do as well financial planning because it is important to plan for our retirement and ensure that we have enough savings to support ourselves in our later years. Maintaining social connection for our mental and emotional health. We need to stay connected with friends and family to have an active social life as we aged.
I too am thinking the same thing right now about preparing for old age. And especially now I'm thinking about taking more care of my health so that I can stay fit until I'm old. because these past few days I have seen my co-workers sick and that makes me think that financial planning cannot be carried out if we are not healthy. so that health seems to be prioritized or a priority in our lives. Because if you have a lot of money but you are not healthy, you certainly won't be able to enjoy that money for pleasure.

A kind of decision that needed to address while you are still young and very capable of budgeting yourself. If you want to have a better life, both physical and financial, it's about time to make things possible. With good credit capabilities, you can achieve your dream life. After 
working in a 8-hours daily life saving enough percentage of your monthly salary can help you to establish your financial capabilities either to just save your money or make a good investment that will grow and give you a decent life ahead after your retirement.
Unfortunately, we can't anticipate what path life may take us.  Excessive thinking about things that may happen in the future can be an obstacle to living our daily lives now in a normal way.  Perhaps it is better that our interest in this advanced period of our life is not exaggerated, because it is often not possible to predict what might turn out without us having an account of that.
Well I can't deny it because overthinking it might also be a kind of hindrance. because it will grow excessive fear of the future. and will disturb our thoughts and concentration at this time. You shouldn't think about it too much, but think simply and don't overdo it. prepare flexibly without feeling pressured. It means do as much as you can without forcing yourself. And sometimes not all of them can do it. And sometimes enjoying life in a flowing way isn't bad either. But it would be better if we have preparations.

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irsykes
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May 12, 2023, 03:50:14 PM
 #354

Old age is of course different, in my place people who are 65 years old are still actively working in the fields or are fishermen at sea, but we must always think that old age is a happy time and it's time to enjoy passive income, and the best thing we can do right now do is invest in bitcoin.

Older people who are still working in the fields and fishing in the sea at the age you say are those who do not have passive income and also have never made investments in the past which may be hindered by their own abilities. And now they still have to continue working to fulfill their own needs without thinking about investing and enjoying their old age with their children, so don't equate these people with young people who still have time to make investments they like now.

And I think you are also one of the young people who still have time to think about investing from now on as long as you haven't reached the age of 65. Especially if you already know so many places for investment as well as the best products and assets that are suitable for your own future investment.
Agree, everyone's degree is different. because the situation that cannot exceed this limit becomes an obstacle. and of course this is a good lesson from the people around us to anticipate more that does not match our expectations in the future. many parents who want a happy old age are different. I always try hard to manage my savings, old age savings, daily money, different budgets, sometimes I can't maximize it because something outside of a sudden

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May 12, 2023, 04:08:37 PM
 #355

Old age is of course different, in my place people who are 65 years old are still actively working in the fields or are fishermen at sea, but we must always think that old age is a happy time and it's time to enjoy passive income, and the best thing we can do right now do is invest in bitcoin.

Older people who are still working in the fields and fishing in the sea at the age you say are those who do not have passive income and also have never made investments in the past which may be hindered by their own abilities. And now they still have to continue working to fulfill their own needs without thinking about investing and enjoying their old age with their children, so don't equate these people with young people who still have time to make investments they like now.

And I think you are also one of the young people who still have time to think about investing from now on as long as you haven't reached the age of 65. Especially if you already know so many places for investment as well as the best products and assets that are suitable for your own future investment.
Agree, everyone's degree is different. because the situation that cannot exceed this limit becomes an obstacle. and of course this is a good lesson from the people around us to anticipate more that does not match our expectations in the future. many parents who want a happy old age are different. I always try hard to manage my savings, old age savings, daily money, different budgets, sometimes I can't maximize it because something outside of a sudden

Because some of them did not have the same privileges that we do now, we can't hold the older generation responsible for continuing to labor into old age. They lack the advancements in technology that we do, thus they are unable to take advantage of the same opportunities.
We should draw lessons from them since we have witnessed their struggles. We no longer have an excuse not to start preparing for the future because we have the required knowledge, abilities, and access to cutting-edge technology. Savings should always be our top priority as long as we have the means to invest. In order to ensure that we won't depend on anybody else as we age, we must make this commitment as early as possible.
irsykes
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May 12, 2023, 06:25:34 PM
 #356

Old age is of course different, in my place people who are 65 years old are still actively working in the fields or are fishermen at sea, but we must always think that old age is a happy time and it's time to enjoy passive income, and the best thing we can do right now do is invest in bitcoin.

Older people who are still working in the fields and fishing in the sea at the age you say are those who do not have passive income and also have never made investments in the past which may be hindered by their own abilities. And now they still have to continue working to fulfill their own needs without thinking about investing and enjoying their old age with their children, so don't equate these people with young people who still have time to make investments they like now.

And I think you are also one of the young people who still have time to think about investing from now on as long as you haven't reached the age of 65. Especially if you already know so many places for investment as well as the best products and assets that are suitable for your own future investment.
Agree, everyone's degree is different. because the situation that cannot exceed this limit becomes an obstacle. and of course this is a good lesson from the people around us to anticipate more that does not match our expectations in the future. many parents who want a happy old age are different. I always try hard to manage my savings, old age savings, daily money, different budgets, sometimes I can't maximize it because something outside of a sudden

Because some of them did not have the same privileges that we do now, we can't hold the older generation responsible for continuing to labor into old age. They lack the advancements in technology that we do, thus they are unable to take advantage of the same opportunities.
We should draw lessons from them since we have witnessed their struggles. We no longer have an excuse not to start preparing for the future because we have the required knowledge, abilities, and access to cutting-edge technology. Savings should always be our top priority as long as we have the means to invest. In order to ensure that we won't depend on anybody else as we age, we must make this commitment as early as possible.
Making commitment plans at an early age is indeed very good, rather than having nothing in old age will be a regret. in because of the conditions that do not support. but today's youth rarely have the creativity to prevent something that is not wanted in the future. a situation from a lower family like mine has experienced desperate things because I have to work full time to make changes and there are many obstacles during the process

coupable
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May 12, 2023, 07:15:18 PM
 #357

Preparing for life as we get age we need to take care of our physical health by doing exercise regularly, eating a balanced diet, getting enough sleep, and staying up to date with medical check-ups. We need to do as well financial planning because it is important to plan for our retirement and ensure that we have enough savings to support ourselves in our later years. Maintaining social connection for our mental and emotional health. We need to stay connected with friends and family to have an active social life as we aged.
I too am thinking the same thing right now about preparing for old age. And especially now I'm thinking about taking more care of my health so that I can stay fit until I'm old. because these past few days I have seen my co-workers sick and that makes me think that financial planning cannot be carried out if we are not healthy. so that health seems to be prioritized or a priority in our lives. Because if you have a lot of money but you are not healthy, you certainly won't be able to enjoy that money for pleasure.

A kind of decision that needed to address while you are still young and very capable of budgeting yourself. If you want to have a better life, both physical and financial, it's about time to make things possible. With good credit capabilities, you can achieve your dream life. After 
working in a 8-hours daily life saving enough percentage of your monthly salary can help you to establish your financial capabilities either to just save your money or make a good investment that will grow and give you a decent life ahead after your retirement.
Unfortunately, we can't anticipate what path life may take us.  Excessive thinking about things that may happen in the future can be an obstacle to living our daily lives now in a normal way.  Perhaps it is better that our interest in this advanced period of our life is not exaggerated, because it is often not possible to predict what might turn out without us having an account of that.
Well I can't deny it because overthinking it might also be a kind of hindrance. because it will grow excessive fear of the future. and will disturb our thoughts and concentration at this time. You shouldn't think about it too much, but think simply and don't overdo it. prepare flexibly without feeling pressured. It means do as much as you can without forcing yourself. And sometimes not all of them can do it. And sometimes enjoying life in a flowing way isn't bad either. But it would be better if we have preparations.
Imo, the best solution that can provide a kind of guarantee for the future is to rely on the social insurance funds that all countries provide to their citizens. In my country, for example, every person pays insurance expenses at least once a year, or deductions are made from the wages of employees once every three months, so that they get a fixed wage upon reaching the retirement age, which ranges on average between 60 and 65 years. The good thing about this plan is that you can pay as much as you want, and according to those payments, the retirement age wage will be determined; I mean, if your current circumstances are good, you can pay a large amount, and if the circumstances do not allow, then the little amount available can be satisfied.
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May 15, 2023, 06:06:34 AM
 #358

we can only try to do it in making money and then saving. whatever happens in the future may not necessarily be according to our expectations. learn from your experience it looks like money and family, it's good that family is prioritized especially if you already have a child. if we think of traveling far but only looking for money that is not even suitable to be carried into the future it seems very tiring. why not look for a small income but always see your baby grow up at least maybe he will pay for us in our old age.
obviously everyone wants to work as well as possible with the aim of being able to make money to meet the needs that are always needed in everyday life. I agree with you my friend, that trying to work and earn money must also prepare you to continue saving for old age when you may no longer have the ability to work but still have savings to be able to make ends meet.

but not a few workers have to leave their families to be able to support their lives. but I really agree if you can not leave your family, so that you can continue to raise children together, because the development of children must always receive more attention so that their growth and development can go according to what we want, but we can still work to make money.

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May 15, 2023, 08:37:27 AM
 #359

Undoubtedly, it is necessary to save for old age, and if there is an opportunity to work, even purely as a side job in adulthood, it is good. It will be completely boring without work, plus you can provide for your grandchildren, give gifts.
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May 15, 2023, 01:46:12 PM
 #360


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 ?

The best part of our life is our old age or twilight years this is the part where we have accumulated a lot of great memories of our struggles, celebration, and pictures of our loved ones and younger selves but we cannot enjoy this if we are not prepared in our old age, we cannot retire from our works and struggle to work, if we have not allocated money for our old self.
We have to look forward once we reached the age of 30, by the age of 30 we have a good job and family and possibly good earning

I am in living in a third-world country and I have a lot of old people still working even if they are having a hard time working not because they love their job, but because they have to, for lack of basic needs.

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