Your aging and retirement plan is your responsibility.

[Mate2237]

I don't know how old you are and which of the work you are doing to plan for retirement, and you don't have to blame some people because the work they do might not for retirement, but for the immediate needs. And for someone to plan retirement he must do a job that pays  him a huge amount and not a job of $100. The cost of things now is high so if retirement is planned then the person is civil servant working in government firm or office.

In addition, you must plan you retirement from the salary you are receiving. All Civil Servants like to save for their old age when they have retired from the work but along the line expenses cut them off or payment of debt would just eat all their salaries along the line. There are more expenses for a family man. School fees, feeds bills health etc. And if one plan his retirement upon all these challenges then he is good in management.

[dezoel]

The old generation didn't plan for their future, I'm not generalizing all of them but many of them weren't really prepared for it. That's why we as the next generation that are going to that path shouldn't do what they've done. They didn't really do anything because life before was too easy and it's not too toxic as it is right now that everyone is getting involved with economic matters and becomes worried of what to eat for tomorrow unlike before.

Yeah, even earning money wasn't as difficult back in the day as it is today. We often hear stories of our ancestors being very rich, having a lot of money in their prime but unfortunately, they didn't make good use of that money, they didn't buy lands, shops, houses, or gold and other important assets that they could store for their generations to come. The wealth they had, they couldn't extend it to their heirs and all of it went useless at the end.

When we hear such stories, we feel sad and bad because if they had done things differently, maybe we could be living a better life. However, nothing can be done about that, but as you said, we should at least make sure that our heirs don't have the same feelings that we do today. So we should make sure we are doing everything necessary to give them a better future if we can.

[batang_bitcoin]

The old generation didn't plan for their future, I'm not generalizing all of them but many of them weren't really prepared for it. That's why we as the next generation that are going to that path shouldn't do what they've done. They didn't really do anything because life before was too easy and it's not too toxic as it is right now that everyone is getting involved with economic matters and becomes worried of what to eat for tomorrow unlike before.

Yeah, even earning money wasn't as difficult back in the day as it is today. We often hear stories of our ancestors being very rich, having a lot of money in their prime but unfortunately, they didn't make good use of that money, they didn't buy lands, shops, houses, or gold and other important assets that they could store for their generations to come. The wealth they had, they couldn't extend it to their heirs and all of it went useless at the end.

That is so true, they're mostly rich before and the vast lands were like all of them and all they need to do is to put fence on it. I think with modernization, everything has changed a lot.

When we hear such stories, we feel sad and bad because if they had done things differently, maybe we could be living a better life. However, nothing can be done about that, but as you said, we should at least make sure that our heirs don't have the same feelings that we do today. So we should make sure we are doing everything necessary to give them a better future if we can.

From that generation, there have been a lot of them that have thought about their next-in-line generations and that's why they've saved up and kept their wealth for their children's children.

[qwertyup23]

Unfortunately sometimes I feel like I know a lot of people like this too.

They just get old with no particular plan in life. They aren’t exactly struggling always but they are also not super rich but it seems like it’s just that they don’t care anymore or they have given up already. Either way that is the reason why I think we should start as early as possible to invest for our futures.

I somehow feel guilty after reading this post.

I currently live in a country where job opportunities are considered a luxury. Given the number of competition plus the lack of any government support for job creation, the priorities of our citizens are shifted towards getting a stable and consistent job. Any kind of financial savings (e.g. retirement plan, investments, etc.) are considered a luxury that most probably be prioritized in the far future. The goal first is to secure a consistent flow of income and any kind of retirement plans will come after that.

With this kind of condition, I feel very blessed to discover cryptocurrencies at a relatively young age. I quickly understood its potentials and on what it can do that may benefit me either in the near or far future depending on the price of BTCs.

I just hope that the government would cooperate in providing the best opportunities for our citizens in order for them to start building a mindset of saving for retirement and other investment luxuries.

[Lanatsa]

The old generation didn't plan for their future, I'm not generalizing all of them but many of them weren't really prepared for it. That's why we as the next generation that are going to that path shouldn't do what they've done. They didn't really do anything because life before was too easy and it's not too toxic as it is right now that everyone is getting involved with economic matters and becomes worried of what to eat for tomorrow unlike before.

Yeah, even earning money wasn't as difficult back in the day as it is today. We often hear stories of our ancestors being very rich, having a lot of money in their prime but unfortunately, they didn't make good use of that money, they didn't buy lands, shops, houses, or gold and other important assets that they could store for their generations to come. The wealth they had, they couldn't extend it to their heirs and all of it went useless at the end.

When we hear such stories, we feel sad and bad because if they had done things differently, maybe we could be living a better life. However, nothing can be done about that, but as you said, we should at least make sure that our heirs don't have the same feelings that we do today. So we should make sure we are doing everything necessary to give them a better future if we can.

There's no way that we do able to know on whats up into their minds because for sure those ancestors might really be that thinking that they should cherish up the money that they do have on present and doesnt really mind about on the future years to come and would really be that focusing on what are the things that in front of them. If we do really be able to know about those history then it would really be giving out that kind of huge disappointment or something having those murmurs that if they should have done the right thing then we are indeed living a life which is far more better but just like on what you have said
that there's nothing we can do but to accept it out on whats we do have today.

For us who are really that getting old then it would really be just that right that you should really be focusing on how you would be making yourself that survive when you do get old.
Its not bad on minding your childrens future but not that putting 100% on which its just right that you do allocated a little bit for your future and with your wife.
We do get old and its just that right that we do have that kind of funding on the time it reaches that point.

[macson]

snip

Yeah, even earning money wasn't as difficult back in the day as it is today. We often hear stories of our ancestors being very rich, having a lot of money in their prime but unfortunately, they didn't make good use of that money, they didn't buy lands, shops, houses, or gold and other important assets that they could store for their generations to come. The wealth they had, they couldn't extend it to their heirs and all of it went useless at the end.

When we hear such stories, we feel sad and bad because if they had done things differently, maybe we could be living a better life. However, nothing can be done about that, but as you said, we should at least make sure that our heirs don't have the same feelings that we do today. So we should make sure we are doing everything necessary to give them a better future if we can.

People in the past were actually not much different from people today, they had different thoughts, there were those who were intelligent, who were diligent in saving or just buying land and gold, there were those who were lazy about thinking about the future because they felt that today's money was enough enough for today.  If you have a poor grandmother even though you heard that your grandmother's mother was rich, then don't judge your grandmother, she must have a different education and thoughts, she must be because she has a rich mother.

[jrrsparkles]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

[MissNonFall9]

Unfortunately sometimes I feel like I know a lot of people like this too.

They just get old with no particular plan in life. They aren’t exactly struggling always but they are also not super rich but it seems like it’s just that they don’t care anymore or they have given up already. Either way that is the reason why I think we should start as early as possible to invest for our futures.

I somehow feel guilty after reading this post.

I currently live in a country where job opportunities are considered a luxury. Given the number of competition plus the lack of any government support for job creation, the priorities of our citizens are shifted towards getting a stable and consistent job. Any kind of financial savings (e.g. retirement plan, investments, etc.) are considered a luxury that most probably be prioritized in the far future. The goal first is to secure a consistent flow of income and any kind of retirement plans will come after that.

With this kind of condition, I feel very blessed to discover cryptocurrencies at a relatively young age. I quickly understood its potentials and on what it can do that may benefit me either in the near or far future depending on the price of BTCs.

I just hope that the government would cooperate in providing the best opportunities for our citizens in order for them to start building a mindset of saving for retirement and other investment luxuries.

Every man should plan for his living according to what he can afford or what income he has. If one's present normal life is being conducted very smoothly and nicely through his income, he should focus on saving or investing while thinking about the future. Since there is a stark difference between the past and the present days, and the investment sector is also different, Cryptocurrency or Bitcoin is a prominent investment field in the present days.

[Casdinyard]

I came from a society where majorities are not bothered about their retirement plans, Some do have the financial resources but due because of financial revenue opportunities, they feels so reluctant and comfortable without considering that depending on the government opportunities could get to an end somedays. I don't know if they ever have the picture imaginarily about how their old ages times would be.

While I've come way too far thinking about this as I also goes around the towns and sees old people aging so helplessly as they're vulnerable, I fear not to be in such situations so then, I'm striving on making positive differences.
I've decided to have a diverse of my bitcoin investment for my retirement purpose.
At some points in life, you don't expect to be thought lessions before you could learn but you can learn from others experiences.

I live in a country where talking about what would happen to your family when you die is a massive taboo, even weirder to talk about how they'd go on if you can't save something to them, in a manner of speaking this is just as similar as setting up a retirement plan, cause you're literally prepping yourself and your family for when you can't work anymore.

With that being said, This is why I always advocate to having a retirement/insurance plan. Knowing that you got your family even when you're not here anymore is one of the most assuring things you can do as a provider. And your kids, if you're planning to have any, is going to thank you for it too. I've seen one too many kids in my place alone grow up resenting their parents cause they either died with nothing to give to them, not even a piece of advice or some shit, or they have grown resentful because they didn't prepare for when they are finally retiring, and are highly dependent upon the income of their kids who are also planning to have a life ahead of them like idk, normal human beings.

So do yourself a favor, and do your family as favor, prepare for the day you die, your family will thank you for it.

[erep]

Every man should plan for his living according to what he can afford or what income he has. If one's present normal life is being conducted very smoothly and nicely through his income, he should focus on saving or investing while thinking about the future. Since there is a stark difference between the past and the present days, and the investment sector is also different, Cryptocurrency or Bitcoin is a prominent investment field in the present days.

Whatever our current economic conditions, we must prepare savings based on the level of income from each job and we must have a strong determination to get out of the safe zone for the purpose of increasing income from other activities. The presence of cryptocurrency has changed many economic lives for the better from investment income, trading and airdrop activities, and others. So upgrade your knowledge to work hard at this age on cryptocurrency activities that are useful for increasing savings for old age, and all crypto income achievements must be invested in bitcoin based on the respective strategy for investing for retirees in old age.

[Oasisman]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

No matter how bad the economy or the government itself, It is not right to just wait and expect for miracle and opt to continue what you do without exerting more effort to learn something new and to be able to get yourself another source of income.
I don't care how the young people spend their money, because there are those who spend it on things they tend to enjoy like travelling, visiting beautiful places, and things like these that leaves a good memory because when we get older we might not going to have enough energy to do this things. These people are comfortable at spending without thinking about their retirement plans yet, simply because they know they have the capability to sustain at a latter part of their lives. Compared to the young people who just got contented with how little they have currently, expecting for miracles will only put them at an even worse financial situation.

[shinratensei_]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

what I think more important is instead of being too fixated on saving up money for retirement we might as well try to increase the income, pump that number of source income up and we will eventually make it.
people too fixated on saving for retirement they forgot that if they willing to find another source of income, they could make their 30 year worth of saving just within 5 years probably if they are good enough in making more source income i mean to be fair its not easy at all to create an income source sometime it might eats up the capital and probably empty our banks in the effort of getting income higher but as long we understand risk management and only venturing into rather safer field such as investment then we could very well be making some good money despite not significant but its still a good increase in income eitherway.

i think thats what people need to understand, you wanna be rich you don't save, you increase your income through various sources of income.

[boty]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

Of course everyone will think about their old age after being able to meet their current needs, because it is very difficult to be able to think about the future if we still cannot fulfill what we need now, so preparing for your future is of course very important so that we can live our old age in peace and don't need to worry about being able to meet our needs in old age, with difficult economic conditions of course requiring us to have several sources of income so that we can meet the needs we need and can also save and also invest about the future, because if we only have one source of income it will certainly be difficult to plan for our old age.

[jrrsparkles]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

Of course everyone will think about their old age after being able to meet their current needs, because it is very difficult to be able to think about the future if we still cannot fulfill what we need now, so preparing for your future is of course very important so that we can live our old age in peace and don't need to worry about being able to meet our needs in old age, with difficult economic conditions of course requiring us to have several sources of income so that we can meet the needs we need and can also save and also invest about the future, because if we only have one source of income it will certainly be difficult to plan for our old age.

On paper it is simple, make more money so we can have better life but it's not simple as that people from some region doesn't even find enough money to meet their needs of 3 meals even working throughout the day which can be due to the economy of their country is in crisis or the region where they are located is not following any regulations set by the government like minimum wage per hour as such.

[Baki202]

I don't know how old you are and which of the work you are doing to plan for retirement, and you don't have to blame some people because the work they do might not for retirement, but for the immediate needs. And for someone to plan retirement he must do a job that pays  him a huge amount and not a job of $100. The cost of things now is high so if retirement is planned then the person is civil servant working in government firm or office.

In addition, you must plan you retirement from the salary you are receiving. All Civil Servants like to save for their old age when they have retired from the work but along the line expenses cut them off or payment of debt would just eat all their salaries along the line. There are more expenses for a family man. School fees, feeds bills health etc. And if one plan his retirement upon all these challenges then he is good in management.

Any kind of job, as far as you are aging, you must have a retirement plan, except if you want to suffer when you retire and the whole plan must start before retirement because if you don't plan early age will catch with and when you want to start you might not find it very easy to start the preparation. and the retirement will be to have places inform of investment that will be remitting for you when ever you need money. and it might not be really jobs that pay huge money but even from the little you are earning you can make plans from that small payroll, if not that inflation is hitting everything then you can get a fixed account were you can save your money but inflation will just make it worthless so just invest the money instead of saving it.  and truly paying bills have made everything difficult because the price of commodities in market have made everything worst and have made saving worthless. especially for does that are married I wonder how they usually survive with everything that in going with this hyper inflation.

[Asuspawer09]

Our future is something that we cannot really foresee, we don't know what is going to happen in the future or in our future, even at this day we might have a good stable income but in the future, we might not have that kind of income anymore, it is just something that we don't know and we just can't control. So saving and investing are just really important for everyone because it is going to secure our future, it is just something that is necessary to have for each and everyone, If you don't have a retirement plan for sure it is going to be difficult for you when your old already, I mean we surely have good income right now since we have strong body to work, but if we cannot work anymore there should be something like a source of income that we already have in order to survive. I would prefer for sure businesses, passive income, etc, but the easiest way is just to get a retirement plan.

Of course, we have cryptocurrency investments I personally hold for long-term investment, it can also be something that we could use in the future if you are going to hold for a very long time, I mean as long as you have multiple sources of income and diversify your money you will save and profit for your future, I have a lot of friends that are already old and have a huge financial problem to the point where they are already getting supported by there family just to eat, etc. Which is not ideal for your future, it is surely your responsibility so if you're still young you should always be saved for your future, I've learned it the hard way when I spent a lot of money that I earn when I was just a student on cryptocurrency, not it wasn't like that anymore and I really hope that I've saved more when Im earning thousands of dollars on crypto projects.

[Mahanton]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

No matter how bad the economy or the government itself, It is not right to just wait and expect for miracle and opt to continue what you do without exerting more effort to learn something new and to be able to get yourself another source of income.
I don't care how the young people spend their money, because there are those who spend it on things they tend to enjoy like travelling, visiting beautiful places, and things like these that leaves a good memory because when we get older we might not going to have enough energy to do this things. These people are comfortable at spending without thinking about their retirement plans yet, simply because they know they have the capability to sustain at a latter part of their lives. Compared to the young people who just got contented with how little they have currently, expecting for miracles will only put them at an even worse financial situation.

As it should be but we know that people would really be that having that kind of impression and mindset that government would really be someone who backs them up on which they've been expecting that when they do get old then they would really be getting those aid but without even thinking that what if there's none? For sure you would really be ending up on having that miserable life specially if you dont have that savings together with you and with your wife/husband on which we cant really also make ourselves that being dependent with our own kids/children too when they do gets old considering that they would really be having their own family too
and besides you both arent their responsibility in the end of the day but rather focusing with their own family and their own lives.

Good thing if they would really be having that consideration on looking at you when you do gets old but we know that not all kids we do have will really be definitely be having that kind of concern on the time that you do get old. You wont really be finding yourself having that assurance that they would really be having those approach when the time comes.

[EarnOnVictor]

-snip-
While I've come way too far thinking about this as I also goes around the towns and sees old people aging so helplessly as they're vulnerable, I fear not to be in such situations so then, I'm striving on making positive differences.
I've decided to have a diverse of my bitcoin investment for my retirement purpose.
At some points in life, you don't expect to be thought lessions before you could learn but you can learn from others experiences.

Well said. But these days, I do not think there will be a responsible person still living a carefree life without minding their future. The consequence is obvious around us and if we are not taking the future seriously to save towards it regardless of how many children we have, it could be an issue later on. There is nothing bad in committing a huge amount to this with at least 25 years of savings and investments plan. This is irrespective of where we work, our status and our pension, anything can happen, so it is better to get fully prepared for the unforeseen. But if the future becomes the present day and it starts settling itself, our plans would have been an added advantage at that time.

But still, your plan is still not without fault if it's Bitcoin you are relying solely upon. You mean you only plan your future on Bitcoin, an asset and a project that has not been tested and trusted for many decades. That's gambling if I must tell you. I would even like to know the price at which you started buying your Bitcoin. For those who started buying at lower than $5,000, it's still a very good deal for them compared to those who bought it after hitting tens of thousands. Without mincing words, the best approach is for you to diversify and randomise your investment in both online and offline investments.

[Yaunfitda]

People got their priorities, some started thinking of their retirement as early as possible and started saving/investing so they could be comfortable later meanwhile the economy situation is bad all around so people who got responsibilities are struggling to face the present itself so thinking about future is beyond their control for now, they are just going with the flow and expecting a miracle.

Of course everyone will think about their old age after being able to meet their current needs, because it is very difficult to be able to think about the future if we still cannot fulfill what we need now, so preparing for your future is of course very important so that we can live our old age in peace and don't need to worry about being able to meet our needs in old age, with difficult economic conditions of course requiring us to have several sources of income so that we can meet the needs we need and can also save and also invest about the future, because if we only have one source of income it will certainly be difficult to plan for our old age.

On paper it is simple, make more money so we can have better life but it's not simple as that people from some region doesn't even find enough money to meet their needs of 3 meals even working throughout the day which can be due to the economy of their country is in crisis or the region where they are located is not following any regulations set by the government like minimum wage per hour as such.

Surviving in this kind of generation is not that easy, maybe lives before is very simply that's why those people survived. But not right now, been part of 2008-2009, went out of job, so some side hustle, luckily was able to find a new job that pays better, stay there for so long and then retire from the money that I have said thru several investments and open up a small business and still grinding up to this day because I have families to feed and then the education of my children. So it's really up to the individuals on how they are going to survived or how they will adjust with the difficult times. As I have said, I still try to continue to save specially now that I'm into crypto investments and hopefully this will be my last will and testament for my children.

[oktana]

Retirement plans are important irrespective of what part of the world one is. While working, you need to make plans to stop working someday, because overtime you may not be able to continue doing the work/job. For some, this retirement plan is getting a business for themselves, or finally doing something for themselves, and not always working just to fit in.