Alexandoy
VIP Contributor
When you say old age that means the person is out of job and needing the service of a caregiver which can be partially or completely. Many seniors with debilitating health problems do not want to go to the nursing home. For them the nursing home is like a fashionable prison. For the rich families they prefer to keep their aged parents at home and be taken care of a private nurse or caregiver.
For an ordinary employee, how do you save funds for that eventuality? A friend said that she was saving a few hundred pesos every month from her salary. But when she retired that savings was eaten by emergency expenses. A health insurance is good but it has a limit on the maximum age. My idea is to invest in blue chip stocks with the market price that is always stable. What can you suggest?
For an ordinary employee, how do you save funds for that eventuality? A friend said that she was saving a few hundred pesos every month from her salary. But when she retired that savings was eaten by emergency expenses. A health insurance is good but it has a limit on the maximum age. My idea is to invest in blue chip stocks with the market price that is always stable. What can you suggest?