Carpon
Valued Contributor
Retired workers do not get paid salaries and therefore, surviving will become a struggle. But saving is a good way out. Now, saving could come in different formats.
You can save by keeping your money in the bank, buying or purchasing shares with a company or business, purchasing a liquidity and many other ways people have taken advantage of while saving.
Saving is very good and for workers who are definitely going to retire, it is good that they have a savings plan and save beforehand. Such savings is what they can use to sustain themselves after retirement either by using the saved amount as capital to start a business or using the money directly to take care of needs.
It is always advisable that amounts saved to a huge sum should be invested in such a way that after some while, you can get some dividend on it.
What are your opinions on savings especially for retirees?
You can save by keeping your money in the bank, buying or purchasing shares with a company or business, purchasing a liquidity and many other ways people have taken advantage of while saving.
Saving is very good and for workers who are definitely going to retire, it is good that they have a savings plan and save beforehand. Such savings is what they can use to sustain themselves after retirement either by using the saved amount as capital to start a business or using the money directly to take care of needs.
It is always advisable that amounts saved to a huge sum should be invested in such a way that after some while, you can get some dividend on it.
What are your opinions on savings especially for retirees?