Your aging and retirement plan is your responsibility.

[pinggoki]

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.

That's the mindset that everyone should have but the problem is that it's probably a bad idea to be saying that to everyone because not every person can afford to do that, take a look at me for example, I grew up in a poor neighborhood and I haven't seen a lot of people trying to go for saving for their retirement because most of them if not everyone in that neighborhood is trying to survive on a day to day basis, they don't have a stable job and they don't have the skills to qualify for a steady job, they're mostly living through hustles and side jobs that would lead to them having shortage of money, most of the time, the money that they get from their side jobs end up being not enough for them for the day that they're already happy about it despite not having any money left. My point is that even if thinking about your retirement and planning ahead is the right thing to do, it might not apply to some people because of how they are with their life.

[boty]

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.

It is true, for some people in an area where it is still difficult to meet their needs, of course it will be very difficult to be able to plan when they are old, as you said, to be able to meet their needs is still difficult, especially since they have to think about the future. , to be able to survive in an economic condition experiencing a crisis is certainly very difficult, even though they have done work, it is still difficult to meet their needs.

[Xcode7]

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.

It is true, for some people in an area where it is still difficult to meet their needs, of course it will be very difficult to be able to plan when they are old, as you said, to be able to meet their needs is still difficult, especially since they have to think about the future. , to be able to survive in an economic condition experiencing a crisis is certainly very difficult, even though they have done work, it is still difficult to meet their needs.

Sometimes we are in difficult situations like this, but we have a responsibility to get out of these situations to plan a better future.
Again, we must be aware that in old age we will have responsibility for ourselves so that when we are no longer able to work, we must have savings or a business that will continue to run so that our needs can be met.
Planning for the future is indeed difficult but we can do it slowly, we get through today and keep thinking about the future, I am sure that if we have a plan for the future and consistently carry it out then it can be achieved.

[ChiBitCTy]

As a financial planner this is something that I discuss with my clients in a daily basis, and what you’ve said here is so very true.

I tell most of my clients to invest as if Social Security wasn’t going to be there. This is some thing I fully believe myself, as I don’t trust the federal government and far as I could throw the whole lot of them tied together. Anything past was I personally save is a bonus.

[Reredmi896]

Investing for retirement planning in old age is a good idea. Because we will never know our fate in our current workplace. Start planning to invest now while you're still young. Investing in the crypto world is very good. seeing the promising future of the crypto world, but I recommend not to only focus on investing there, there are still many other promising investments. A good long-term investment suitable for old age is buying private land.

[Freeesta]

In order to maintain a good standard of living in retirement you need to take care of this in advance. I don't have a financial advisor, but common sense tells me to put money aside so I can use it in the future. I cannot trust the state and I want to take care of my own well-being. Now there is no better way to save your money than investing. There are many ways to invest money in a profitable business and ensure a normal life in old age

[slapper]

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.

That's the mindset that everyone should have but the problem is that it's probably a bad idea to be saying that to everyone because not every person can afford to do that, take a look at me for example, I grew up in a poor neighborhood and I haven't seen a lot of people trying to go for saving for their retirement because most of them if not everyone in that neighborhood is trying to survive on a day to day basis, they don't have a stable job and they don't have the skills to qualify for a steady job, they're mostly living through hustles and side jobs that would lead to them having shortage of money, most of the time, the money that they get from their side jobs end up being not enough for them for the day that they're already happy about it despite not having any money left. My point is that even if thinking about your retirement and planning ahead is the right thing to do, it might not apply to some people because of how they are with their life.

Yes, the hardest situations can lead to crazy new opportunities. There's more to side hustles and odd jobs than just keeping the lights on, right? You can develop something for yourself and your community

No doubt, entrepreneurship is hard. I won't sugarcoat. You know the battle. You undoubtedly have skills and connections no one knows about. All that could be utilized to build a small, targeted business that satisfies a local need. Making that survival grind a basis for something more stable is powerful. Changing your situation, not just surviving, is key

[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.

That's the mindset that everyone should have but the problem is that it's probably a bad idea to be saying that to everyone because not every person can afford to do that, take a look at me for example, I grew up in a poor neighborhood and I haven't seen a lot of people trying to go for saving for their retirement because most of them if not everyone in that neighborhood is trying to survive on a day to day basis, they don't have a stable job and they don't have the skills to qualify for a steady job, they're mostly living through hustles and side jobs that would lead to them having shortage of money, most of the time, the money that they get from their side jobs end up being not enough for them for the day that they're already happy about it despite not having any money left. My point is that even if thinking about your retirement and planning ahead is the right thing to do, it might not apply to some people because of how they are with their life.

I understand what you mean, however, it doesn’t mean that things can’t be different with you. You can make a difference and bring change (no matter how small it seems). It doesn’t have to be a business, it can be something simple but you can feel it as a gift for yourself as well. Also, they say that little drops of water is what makes a mighty ocean. I think that consistent little preparations will likely amount to a grand retirement.

[angrybirdy]

In order to maintain a good standard of living in retirement you need to take care of this in advance. I don't have a financial advisor, but common sense tells me to put money aside so I can use it in the future. I cannot trust the state and I want to take care of my own well-being. Now there is no better way to save your money than investing. There are many ways to invest money in a profitable business and ensure a normal life in old age

Did you know? Even though I don't have a financial advisor, it's not that I don't have trust, but from what I know now from other people, what they experienced with their advisors, I don't like it, you're just important to them because their insurance sales depend on you, but once you've secured the, you can't approach them when you have questions, you're abandoned. Anyways, it's better that way mate, you know where you should and must put your money even if you don't ask anyone because it's your own money, you decide how to grow it and keep it.

[Mahanton]

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.

That's the mindset that everyone should have but the problem is that it's probably a bad idea to be saying that to everyone because not every person can afford to do that, take a look at me for example, I grew up in a poor neighborhood and I haven't seen a lot of people trying to go for saving for their retirement because most of them if not everyone in that neighborhood is trying to survive on a day to day basis, they don't have a stable job and they don't have the skills to qualify for a steady job, they're mostly living through hustles and side jobs that would lead to them having shortage of money, most of the time, the money that they get from their side jobs end up being not enough for them for the day that they're already happy about it despite not having any money left. My point is that even if thinking about your retirement and planning ahead is the right thing to do, it might not apply to some people because of how they are with their life.

Yes, the hardest situations can lead to crazy new opportunities. There's more to side hustles and odd jobs than just keeping the lights on, right? You can develop something for yourself and your community

No doubt, entrepreneurship is hard. I won't sugarcoat. You know the battle. You undoubtedly have skills and connections no one knows about. All that could be utilized to build a small, targeted business that satisfies a local need. Making that survival grind a basis for something more stable is powerful. Changing your situation, not just surviving, is key

The only mistake on here is that not everyone would really be having that kind of urge on finding with those opportunities but instead they do really tolerate out that laziness inside of them and this is the reason on why
they do miss out tons of opportunity on which they could eventually be able to make money or would be able to make themselves that financially free. Everyone do really tried their very best on acquiring or achieving this kind of situation or condition into their life. Who doesnt really want to get rich or financially free? If yes, then you would really be needing to do more work and opportunities that could really make you earn money.
We are getting old or not getting younger on which we cant really be able to rely into other people even with our kids because one day they would really be leaving us out on which as you as a couple
then it would be always best on having that financial back up specially in talking about future talks.

[boty]

-snip-

Sometimes we are in difficult situations like this, but we have a responsibility to get out of these situations to plan a better future.
Again, we must be aware that in old age we will have responsibility for ourselves so that when we are no longer able to work, we must have savings or a business that will continue to run so that our needs can be met.
Planning for the future is indeed difficult but we can do it slowly, we get through today and keep thinking about the future, I am sure that if we have a plan for the future and consistently carry it out then it can be achieved.

No matter how difficult life is, of course we still have to plan for a better future than now. What you said is very true. We are responsible for ourselves to plan for old age when we are still young because we don't know for sure whether we will be able to do it. work until old age or not and if we don't prepare for old age of course we have to continue working even though we are old, but by planning slowly as you say I am very sure we will be able to enjoy old age by relaxing with the family because we already have an income that we can get from the efforts we have prepared when we were young.

[Kakmakr]

I think with the global economy in shambles, most people are only focussed on survival, not on saving for their own retirement. The increase in inflation also leave very little money for people to have disposeable funds to push into investments or savings.

Governments are also struggling, because people pay less taxes, because they were retrenched or the companies closed their doors ....so they cannot afford the increase in the social grants that they pay to the unemployed.

[legendbtc]

I think with the global economy in shambles, most people are only focussed on survival, not on saving for their own retirement. The increase in inflation also leave very little money for people to have disposeable funds to push into investments or savings.

Governments are also struggling, because people pay less taxes, because they were retrenched or the companies closed their doors ....so they cannot afford the increase in the social grants that they pay to the unemployed.

Planning for retirement or saving for the future is not too difficult and anyone can easily plan for it. But you're right, the problem here is that with the world situation full of instability, most people are having difficulty surviving so how can they think about preparing a retirement plan. It sounds easy, but how many people actually do what they plan or are still struggling with each daily meal?

Many people are talking very well about their retirement plans, but I want to ask how many people have realized those plans or are they just unfulfilled plans? Because between saying and doing there is a very wide gap.

[GideonGono]

We need to understand that we also needs plan for our future, not just to live at the moment have some savings don't settle with just living paycheck by paycheck or spending all of your excess money to party or buy unnecessary things.
We need to sacrifice now in order to have a better future.

[Fatunad]

We need to understand that we also needs plan for our future, not just to live at the moment have some savings don't settle with just living paycheck by paycheck or spending all of your excess money to party or buy unnecessary things.
We need to sacrifice now in order to have a better future.

Easy to say but it would really be that so hard to implement specially if we do have tons of responsibilities and other payables or bills on which it would really be
causing up for you not to be able to have some savings due to this very reason and  this is why its not really that shocking that there would really be those individuals who do really ends
up on having nothing on the time that they do gets old because they had given everything into their children on raising them up. Well, its not really that bad since its our responsibility
but it would really be also that wise that you should really be allocating something for yourself for the future.

There would be no assurance on what the future looks like on which whether its something that will really be that good for you or something bad. This is why
financial back ups will really be something that relevant and must have.

[MissNonFall9]

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.

You are quite right, income through cryptocurrency or online brings many improvements to life and has given me too. But many people who are not able or comfortable to earn money through these means. Those who have to struggle to get food for the day and many cannot get three meals a day (such a picture is more common in urban areas). For those of us who are self-reliant, we can do something for them with a little initiative so that they do not have to beg anymore.

Let me tell you about an incident about two years ago, I was going with one of my elder brothers in his car. The car was standing for about 20 minutes due to the traffic jam. At that time an old man came to beg. Seeing the beggar, I felt pain in my heart and I was going to give him some money. Immediately brother got down from the car and put a basket of eggs for him along with a stove and a pot on the roadside with many suggestions. A few days ago, while going that way, I saw that the man had built a big egg wholesale shop there. So we will make our own plans and if such helpless people can be put to productive work with little initiative then how good it will be for those helpless people, for the economic and social environment of the country!