Carpon
Valued Contributor
We all will agree that it is a good thing to save for your retirement. But now the question is do I need to keep saving even after when I retire?
Well, the answer to this question depends a lot on you, your income, your plans and what you intend to do even after retiring. Saving after retirement may not be a compulsion because most people think that it is even the time when you should stop saving and begin to enjoy it.
But any retiree who is still young and with young dreams may need to keep saving until such dreams are been realised. And moreso, till your life ends and you cessate, there will always be risks that can come and you may need emergency funds to help you out. Therefore saving may be seen as a live long venture which can be extended and done even after some one retires as far as there is an income source.
Well, the answer to this question depends a lot on you, your income, your plans and what you intend to do even after retiring. Saving after retirement may not be a compulsion because most people think that it is even the time when you should stop saving and begin to enjoy it.
But any retiree who is still young and with young dreams may need to keep saving until such dreams are been realised. And moreso, till your life ends and you cessate, there will always be risks that can come and you may need emergency funds to help you out. Therefore saving may be seen as a live long venture which can be extended and done even after some one retires as far as there is an income source.
