Simon Snelder

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Why is planning for retirement important?

Screenshot 2021 09 13 at 13.17.12

A picture is worth a thousand words.

A recent survey showed that 6 out of 10 people between 65 and 85 said they are still working either part-time or full-time.

(Source CNBC, polled by Provision Living)

The top 3 reasons senior people were still working:

1) I can’t afford retirement
2) I’m supporting family
3) I’m paying off debt

These reasons all have the same in common and that is money. If they had enough savings they could afford their retirement, support their family and they would not be in debt.

These senior people are parents, grand-parents and hard working people that contributed already their whole life to society by paying tax.

They should be doing other things. Playing with their grand children. Travelling and enjoying life.

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