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+--- Thread: Why is pension planning necessary? (/thread-55119.html)
Why is pension planning necessary? - johnmark004 - 12-28-2020
It is not possible for anybody to work after a certain age and the body doesn't support the kind of activities that you were once capable of. The average age for retirement is 65 and the possibility of drawing an income in the form of a salary stops after retirement.
Money is still required for survival and this is when savings and investments come to the rescue. One should start thinking about retirement and do pension planning accordingly so that there are no financial troubles later. Many agencies offer expat investment advice and you can look up for information on the internet too.