Alexandoy
VIP Contributor
Before I retired I was already thinking of losing my income. The first thing that came ot my mind is the home. That was the time when we were renting and I was a bank officer. Fortunately, we were able to buy a home via a bank mortgage. The home is the primary need of the pensioner because the monthly pension is designed for the food and medication only. Of course, the home is not complete without the necessary appliances and furniture.
Another concern is the savings. Having an ample amount in the bank can give the pensioner peace of mind that he has money for emergency purposes. When it comes to the pension you are lucky if there is an excess after the expenses. That means you have a savings no matter how little. What more can you add?
Another concern is the savings. Having an ample amount in the bank can give the pensioner peace of mind that he has money for emergency purposes. When it comes to the pension you are lucky if there is an excess after the expenses. That means you have a savings no matter how little. What more can you add?