Not paying enough for retirement

Starmix

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This might be one source of regret once we reach the retirement age and receive only a very small retirement benefit. there is no one to blame but yourself for not being smart during your younger years, in your 20's. While you are still in your 20s or in your younger years, do not forget to give importance to your old age. Commit yourself to save more, invest more and live financially-free during retirement.
 
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Shavkat

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This is what I am whining about lately. If my biological parents had taught us this, then there will be problem. But, it is not too late. We need to work hard for it while we can.
 

Starmix

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This is what I am whining about lately. If my biological parents had taught us this, then there will be problem. But, it is not too late. We need to work hard for it while we can.
It's never late, but make sure you always pay your SSS. At least despite the pension from it is small compared to GSIS.
 

eldavis

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This is why I am working hard to ensure during my retirement I do not have to rely on just one place to pay me but I will have passive income from different places.
 

Starmix

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The deduction from our salary by our employer is not enough when our retirement comes. We never know the value of money when we retire.
 

Hate2Wait

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We need to plan for ourselves and can research for such calculators online that can help us determine the exact amount we need for our retirement
 

Starmix

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We need to plan for ourselves and can research for such calculators online that can help us determine the exact amount we need for our retirement
We can make an estimation because it also depends on our income. However, retirement deduction is already included in the payroll.
 

Starmix

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There are also factors to consider why others remain adamant to save for the the retirement because of inflation wherein they prioritize buying food and medicine for a maintenance.
 

Rubz

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It is true that most times, one isn't paid enough for retirement. It is up to one to work hard in order to avoid hardship during one's retirement pays.
 

Starmix

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We also make estimations as to the prices we would face during retirement. Our savings may not be enough.We need to save and invest.
 

Sawe

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This is very true. When you are young, that is the best time to plan your old age. You need to take care of your finances and work towards saving enough for retirement. I have already started my journey towards that.
 

Starmix

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Though we are deducted automatically from our salary for pension deduction but it is not enough. We need backup to have a huge pension during retirement.
 

Sanjeev

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I never thought of saving money when I was young and when I had a family I could not saved money but now I have started saving some small amount every month to get benifits once I get retired from the job.
 

Starmix

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We need to save to add up to your retirement benefit. At work, we are deducted monthly intended for the retirement we call pension.
 
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