What is the best way to save money for retirement?

[Enxx]

With government work or other private sectors, it is sure that a worker will retire and when hey retire, they won't be receiving salaries. But for such person to survive, he needs to save for his or her retirement.
Now what is the best way to save for retirement?

 

[Bisolami]

With government work or other private sectors, it is sure that a worker will retire and when hey retire, they won't be receiving salaries. But for such person to survive, he needs to save for his or her retirement.
Now what is the best way to save for retirement?

I think the best way is to cut your expenses or start a business so that after you retire, you have something to look up to.

 

[eldavis]

One of the best ways to save for retirement is to simply invest. Retirement doesn't mean you cant make money, you can achieve this by generating passive income, and one of the best ways to do this is through investing.

 

[Niyi Briggs]

Saving for retirement is a mirage that would never work. The best thing is to invest in a venture that would produce for you after you retire.

 

[Bisolami]

Saving for retirement is a mirage that would never work. The best thing is to invest in a venture that would produce for you after you retire.

That's true
This is why it is advisable to have a business on ground so that you will continue to do it after retirement

 

[LoukiaCharilaou]

In my opinion, the best way to save for retirement is through investments. Investments will generate passive income for you.

 

[Bisolami]

In my opinion, the best way to save for retirement is through investments. Investments will generate passive income for you.

This is very correct but the main thing is that the individual should invest in companies that have trustworthy

 

[LoukiaCharilaou]

This is very correct but the main thing is that the individual should invest in companies that have trustworthy

I agree with you.We must do a very good search in order to find trusted companies.

 

[Shavkat]

As for me, I am trying my best to pay all the insurances. So that I can have some pensions when reaching the retirement age. It is what I am doing right now.

 

[Springtime]

I save and invest to prepare for retirement. I put a portion of my current income in a fixed deposit account. I make investments in blue chip stocks, mutual funds and bonds. I've also bought annuity insurance to ensure that I have guarantee income for my retirement years.

 

[Bisolami]

As for me, I am trying my best to pay all the insurances. So that I can have some pensions when reaching the retirement age. It is what I am doing right now.

That is a very good one. I am not making enough money for now so I cannot even be saving a lot of money not to talk of saving for retirement.

 

[Starmix]

The best way to save money for retirement is to live within your means. You have to discipline yourself from nonsense bonding with friends or gang. Also do not waste food. Cook only enough for the family. Cease drinking liquor and colas to save more for old age sake.

 

[Bisolami]

The best way to save money for retirement is to live within your means. You have to discipline yourself from nonsense bonding with friends or gang. Also do not waste food. Cook only enough for the family. Cease drinking liquor and colas to save more for old age sake.

If someone is living within his means, such a person will have some money to save up for retirement

 

[Stardom22]

I think the best way for saving up of the money for retirement is by opening a saving account on the social security funds whereby one saves and withdraw their money plus the interests accrued in the retirement age.

 

[Starmix]

In my workplace we're automatically deducted our retirement program and will be remitted to Social Security System (SSS).Each employee here is required to apply for SSS in order to have number.

 

[Cam]

It certainly doesn't hurt to take advantage of whatever retirement benefits that your employer offers, whether it's a 401k, a stock option, etc. If your employer is matching a small percentage of what you put towards it, take advantage of the free money.

 

[SHAHID987]

When someone enter in job, he knows that one day he'll retire. So it's better to save some percentage of salary for retirement. Once it becomes habit then it will be very fruitful.

 

[bestwriter]

Planning should start from the first day one starts earning There are countless schemes where one can invest and reap the harvest.

 

[deucher]

The best method is to definitely invest in some reliable instruments with which you can be sure that you will not lose these funds by the time you retire. And it should also be a large amount so that you can definitely live on these funds after you leave work

 

[nomad]

In my opinion, if your employer does not provide retirement plan or pension scheme, you need to buy endowment insurance as retirement funds