This video relates to the survey of the Philippine National Statistics Office regarding to all Filipinos with the age range from 60 to 65 years old. Most of them 45% still dependent on their children and relatives to survive, 30% dependent on their government/private pension, 23% still working because no one cares for them and only 2% has financial freedom..Video link
I am personally moved by the stories featured in the video.
May we all learn to prepare for our own retirement so we can be able to help even if we stop working at our old age. Yes, helping doesn't have an ending point, but we need first to help ourselves before we can be able to extend it to other people around us.
Lesson: Act early! The earlier you begin, the easier it will be to prepare for that stage.
Have fun investing (as early as you can)!
PS: For new investors, download My Maid Invests in the Stock Market… And Why You Should, Too! Click to download here!
PS2: Do you have your own investing journey story you wish to share to inspire other new investors?
Share them in our Stocks, Soups and Stories page!