Retirement Planning
Will you enjoy your retirement or will you retire from enjoyment? If you need money now, don't you think you will still have a need for money when you stop working? The reason there are so many poor old people is because there are so many poor young people who never make a decision to change their financial situation. Average life spans are increasing and hence, the retirement years are likely to be longer. With the rise in inflation you will need more money to live in comfort.
Financial independence post retirement : Earlier people could depend on their children to take care of them post retirement. However, as a modern individual, would you not like to maintain your financial independence post retirement also? No one likes to be old or broke, but being both is the worst.
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