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Retirement
Do you save for your retirement days?
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[QUOTE="Caramelle, post: 203867, member: 150"] [JUSTIFY]I have started saving up for my retirement years ago although the amounts are not as big as I wanted to be. The important thing is I've been consistently saving a part of my earnings towards the future. Besides this, I am also contributing regularly to a government's housing agency which earns even better returns than time deposits or treasury bills in the form of annual dividends. These contributions and dividends may only be withdrawn upon reaching the age of 60 so they can provide funds immediately after reaching retirement age. I've seen how difficult it must be for senior citizens to rely primarily on the government pension, especially the levels of pension in my own country. My grandma was lucky enough to have received pensions from the US, her own country, and the pensions of my late grandfather as a veteran. These allowed her to live a comfortable life up to the age of 93. Another thing that made her life even more blessed was the fact that she has 10 children who are doing well in their respective jobs in the US. They have all contributed to her upkeep when she chose to return to our country and live on her own. She worked hard in her youth and into her old age to send them to school and to the US. Her investment paid off, although she was not really the type who value material wealth. [/JUSTIFY] [/QUOTE]
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Do you save for your retirement days?
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