Life GOALS
Lisence Financila Advisor
05/07/2021
4 Reasons Why Planning for Retirement is Important
1. SSS IS NOT ENOUGH - It will not sustain your medical bills and you will need to downgrade your lifestyle if you will depend on SSS alone.
2. INFLATION - Your Php100.00 right now will have lesser value in the future. Php20.00 coin na lang ngayon. In March 2021, inflation rate was 4.5%.
3. KIDS ARE NOT OUR RETIREMENT FUND
- They will build and take care of their own family, too. Do not pass the burden to them. Stop the sandwich generation.
4. WE LIVE LONGER- Imagine retiring at the age of 60 with no income then living until the age of 80, that's 20 years worth of expenses. 60 years old too far to imagine right? How about taking a vacation for a month with no SALARY?
Do not just depend on retirement benefits. Get your own back up plan.
PM me for a free Financial Consultation.
Let me help with your retirement plan journey.
16/12/2020
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