Guest viewing is limited

Welcome to Discussion Bucks

Earn Cash While You Engage!

Join the ultimate paid-to-post forum where your opinions earn you real cash! 🌟 💵 Earn While You Post: Share your thoughts and watch your earnings grow. 🌐 Global Community: Connect with members worldwide. 🎁 Exclusive Perks: Enjoy rewards and VIP perks. Get Started in Minutes!

SignUp Now!

You aren't saving enough for retirement

Advertising Solutions

Advertising Solutions

Our advertising solutions are crafted to ensure your brand connects effectively with your target audience.

Paid Offers

Paid Offers

Earn D-Bucks by completing simple and interesting tasks.

Contact Staff

Contact Staff

Our experts are ready to answer your questions.

Forum Guidelines

Forum Guidelines

Get familiar with the rules and guidelines that govern the Discussion Bucks community.

Hate2Wait said:
I think for that we need to have some sort of figure that can help us the expected approximate amount that we need to save for our retirement taking into account the inflation rate
Click to expand...
The deduction from our salary for our retirement will not be enough once we retire. The prices that time might be insanely high compared to the present.
 
itsmejob said:
And in fact, we have government benefit that will give us pension when we reach 60 or 65 years old, provided that we are a member of this institution and have the sufficient amount of contributions. @Starmix
Click to expand...
We are automatically deducted from our salary monthly for our retirement through SSS or GSIS. I have two, SSS and GSIS.
 
The earlier you started saving for retirement, the better. I started saving for retirement in my mid-30s. I have accumulated a certain amount of money in my retirement fund. But I still need to work hard if I want to live a quality life after retirement.
 
itsmejob said:
Good that you have two, SSS and GSIS. In the private sector, we have SSS automatically deducted from the salary. Aside from that we have Philhealth and Pagibig being deducted as government mandated payments aside from the monthly tax.
Click to expand...
I was teaching before in a private college which is why I have an SSS account which I continued to pay voluntary after I was hired to teach in a government owned in university, the University of Science and Technology of Southern Philippines in Cagayan de Oro City and we're auto required to apply for GSIS. PAGIBIG is automatic and PHILHEALTH.
 
You must log in or register to reply here.
Back
Top Bottom