Preparing for life in old age is important for many people so that we can live comfortably without asking for financial help from others. We need to save money for our retirement while we still can. If we can invest to a profitable investment like real estates, crypto currencies, gold etc would be better, because later on those investments can lead to a possible profit. Also one thing living a healthy lifestyle could save us money for paying healthcare providers.
Everyone certainly hopes to enjoy their old age with good financial stability. But not all of us will have it due to lack of preparation or lack of economic ability that we have. Saving is of course supposed to keep them financially fit for the day, but they should prepare well in advance as long as they are still productive enough to make money.
Planning for a financially secure old age must have clear actions. That is, we must have assets that can provide us with long-term returns if they are investments, and also have good store-of-value assets. Fiat is not a good store of value even though many people believe it is safe, but gold and some other assets like bitcoin or others are also recommended to support this plan.