Dream Retirement Lifestyle.
By larish
@larish (2241)
Philippines
April 27, 2025 7:30pm CST
I am retiring soon. Most of my colleague are thinking of starting a small business by the time they retired, some would just be at home and just live with the pension money they will receive, but I have mentors who are now retired have save enough, have pension money and are living comfortably. I want to be like my mentors but I cannot save money right now as my earning are just enough for my monthly expense. For you guys, what is the percentage of your income that you are saving right now for your future. Honestly, it is so hard to save now as the commodities keeps on increasing the price and do not commensurate the increase in salary.
3 people like this
3 responses
@ARIES1973 (11614)
• Legaspi, Philippines
7h
Aside from the mandatory contribution in the GSIS, I also keep a certain amount in Pagibig MP2 or the Modified Savings. I also continuing my online earning activities while I am at the service. If ever I would start business again, I would start it before I retire so that I will just expand during that time. Starting a business when we retire may not be a very good idea.
@kaka135 (14950)
• Malaysia
8h
I definitely don't have much savings, as I stopped working full time more than 10 years ago, and now I just work as a freelancer and I usually do not work and earn much too. We just barely cover the minimal necessities.
I used to think if I would go back to the corporate world to work when my children are grown up, but now I think I will just continue to be a freelancer, and there can be no retirement.
@jstory07 (143618)
• Roseburg, Oregon
12h
It is hard to save but treat savings as a bill and figure it into your budget.
