Loving catalyst

4 Reasons Why Planning for Retirement is Important - Jhoanna E. Vorstenbosch

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 ₱1 now will have a lesser value in the future.

3. Our kids are not our retirement fund. Part of pagtanaw ng utang na loob culture. We need to break this dependency. Let us not be a burden to our kids in the future.

4. We live longer – Imagine retiring at the age of 65 with NO INCOME, then living until the age of 80, that’s 15 years worth of expenses. 65 years old is too far to imagine, right? How about taking a vacation for a month with no salary?

Let us not depend on our Company's retirement benefit. What if you lose your job or your company will go bankrupt?

Build your retirement fund.