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Top reasons to save for retirement
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[QUOTE="Rachael, post: 225695, member: 68963"] I think saving for retirement is necessary and shout not be negotiable. Even people who are working under government organizations and have the assurance of their pension and gratuity are still cultivating the habit of saving and investment then why won't someone who is self employed follow suit. Working in public establishments have this advantage of pensionable jobs and gratuities. Most private establishments do not have this leverage and if they should, it would be left for the employees to engage in the funding by themselves. Saving for retirement can be done in different ways and the best and recommend plan is to invest. Investment would always stand a chance of making your funds bigger but just saving continuously is not feasible because a challenge can come up and wipe the whole money away and they would be nothing to fall back on. Investing in stocks and shares and real estate business is my best suggestion. Any one who fails to plan for his retirement definitely is myopic or short sighted because it would mean going back completely to square one and at that stage, you might be old and unable to get another job because some companies even have age limit of employees they recruit. The ultimate goal is to make hay while the sun shines. [/QUOTE]
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