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Retirement
Do I need to save for retirement if I have pension?
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[QUOTE="funmi, post: 221567, member: 38880"] Your question sound so strange to me. Maybe it is strange because of the country where I come from. No body in my country will ever ask such question right now looking at the situation of things in my country. Right now, as a worker whether a government worker or a private worker, people do multiple strime of income. At times, when some people come back from their daily jobs, they still go out to do more jobs before returning to their homes at night. This is so because there is inflation in our country right now and the salaries people get is nothing to write home about Now, to a retiree, once you retire, am sure you will not be paid the same amount as your salary again. You will only be given stipends. How will this stipend sustain you till the following month conveniently? Especially if you don't have any other investment at hand, am sure you already have the answer. The truth of the matter is that your pension will never be okay or enough for you no matter how much you are being given. It is better and safer for you to save enough money before you retire. [/QUOTE]
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Do I need to save for retirement if I have pension?
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