Post
Topic
Board Economics
Re: Your aging and retirement plan is your responsibility.
by
Spaceman1000$
on 24/04/2024, 14:05:30 UTC
While I've come way too far thinking about this as I also goes around the towns and sees old people aging so helplessly as they're vulnerable, I fear not to be in such situations so then, I'm striving on making positive differences.
I've decided to have a diverse of my bitcoin investment for my retirement purpose.
At some points in life, you don't expect to be thought lessions before you could learn but you can learn from others experiences.

Ever heard of insurance or pension? This is what senior citizens using on their daily life aside from their savings. I have a veteran grandparents that has a pension sufficient enough to support a big family since he made a lot of contributions during his active work.

He manage to have good life and financially stable after retirement due to his pension and insurance which paid from his job salary. You don’t need to venture on investment if you have a decent salary for career. Relying on Bitcoin alone will not gonna work because you will need to have a good source of income just to sustain the growth of your investment.

Having a good career path is still the best so that if your future investments doesn’t turn out to be good, you have a guaranteed source of income that can provide you a future savings.

The thing is, most of the young people of this generation don't have pensionable Jobs, They are faced with menial jobs that is not pensionable, so finding a career part becomes difficult. I feel population growth has shrink those opportunities the senior citizens enjoyed in their youthful age.

So my take is that, most young people can actually find a pathway through bitcoin investment because you have guarantee on your returning in your investment, with the profit you earned from your investment you can easily diversify to other sources of income.