Mika
VIP Contributor
I have not prepared for retirement yet, but one day I will retire for sure and I need to be prepared for that moment. Preparing for retirement involves building retirement funds, which can help you pay your bills. When you retire, you do not have active income, therefore, before you retire, creating passive income streams becomes very important. When you have passive income, you will have financial stability during retirement. If you have managed to buy property, it will help you in retirement as you do not have to spend money on rent. If you have invested money in the market, you can also receive return on your investment, which can help with your finances for a comfortable retirement.
