Hello learners and friends!!
For me in particular this question from #hiveleaners prompt for edition 01 for this week came at the right time because retirement years surely are one that will definitely come in ones life whether we like it or not as everyday brings count in our ages
Financial stability in our early years is the only thing that can help and enable us to properly plan towards retirement which is having better jobs, be it in the offices or by establishing a self employed career that will bring constant income for savings towards investment.
Right now am at the age where am supporting my spouse for the the purpose of raising our kids by sending them to school ๐ซ and making sure they get the best education. But at the same time, am also making sure to think towards my retirement years through some little investments by leaving some money ๐ฐ in the bank for long terms interest. This kind of investment will continue to yield interest as long as you did not touch the money until the stated period of time.
In fact Treasury Bill is one way to grow your money in long term which enables you work towards your retirement years because I see myself investing in buying lands in undeveloped areas for cheaper prices and will sell them after a year or two with little margins above what I bought them for because many people are even wanting to relocate or move from the cities ๐ due to inflation and cost. And being into property business right now as a Realtor has given me many ideas of how this things work.
Although , am not retiring any time soon, but with this focus in mind I hope to be able to save up enough to achieve this dreams that will help me work toward the years when age does not need much struggles. So what we all need is to take up our responsibilities in our early ages to be able to plan towards our retirement.
Economy and inflation is another issue while we are talking about retirement years. In my country those who are retired from the government and hope to earn pension are not getting enough, so if you do not have anything to fall back to like other sources of income or children who are grown with good jobs after universities, it definitely becomes a very big problem which can lead to health challenges and early death because retirement does not mean one is old enough not to be active in sone certain areas.
I have also read that staying active during retirement and old age is one big source of good health to aids longevity. So I am making sure to keep this in mind because my final bus stop after retirement is to start running a mini supermarket which will help me stay active by being on my feet, have contact with people and keep my brain ๐ง functioning with calculation. My mother after 70 years was still active before she passed on. The brain needs activity after retirement years to keep healthy.
And am hoping too that my children will be well enough even before my retirement years as I will love โค๏ธ to also be traveling for vacations, visiting the places I have dreamed about that I was not able to visit on my own because of struggles of life. After all, these are why most parents puts enough work in properly raising their child by spending all they have worked for. So I will love to travel after my retirement if I have the opportunity either by myself or through my children ๐ฆ.
This is my response from #hiveleaners featured content for week 206, edition 01
Thank you for reading and supporting friends ๐ฅฐ
Best Regards
๐งก
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