Stats: 3,190,083 members, 7,939,377 topics. Date: Wednesday, 04 September 2024 at 01:18 AM |
Nairaland Forum / Nairaland / General / Properties / How To Plan Your Retirement (146 Views)
Plan Your Retirement Home While In Diaspora Comfortably and Conveniently. / Your Retirement Is Secured With 50% Discount On Queen's Court @ 5m / Please Criticize This Floor Plan. Your Opinion Is HIGHLY Appreciated (2) (3) (4)
(1) (Reply)
How To Plan Your Retirement by Soloproperty(m): 6:26am On Jan 25, 2023 |
More Frightening Than Death: Fear & Loathing in Retirement What frightens you? What keeps you up at night in a state of fear and anxiety? There’s fear of snakes, spiders, and public speaking. Some people even suffer a fear of clowns. But for many, there’s another fear. One that you might not expect, and a situation that almost all of us will have to face one day. Retirement. Turns out the shine is wearing off the golden years before they’ve even begun. And many people fear retirement more than death itself. We surveyed 800+ salary earners to find out more about their feelings on retirement and see what preparations they’re making for it. Here’s what we discovered: A fate worse than death—how fear of retirement compares. Not everyone fears retirement but for those that do, it can be a terrifying prospect indeed. For many, it’s even more frightening than death or illness. Overall, 40% of our respondents who feared retirement agreed that it scared them more than death itself. But when we ran the numbers based on demographics, things got even more interesting. Men are more likely than women to be more scared of retirement than death, 44% vs 36%. And it’s not older folks who are closer to retirement that fear it more, it’s younger people. Only 33% of our respondents aged 39 and older feared retirement more than death, but for those younger than 39 the figure leapt to 52%. Then when we compared retirement to sickness or poor health the figures were even more striking. Overall, 47% of respondents feared retirement more than poor health. Again, it was men who had the greater fear of retirement, 51% fearing it more than illness compared to 42% of women. And once more it was younger people whose fear of retirement compared to poor health was more significant. 53% of people aged younger than 39 feared it more compared to 41% of those aged 39 and older. Initially, this generational split felt counterintuitive. Younger people are further from retirement, it doesn’t loom as large as it does for older workers. But in reality it’s actually a good fit with the broader fears for the future that younger people hold. Worldwide, it’s well-documented that wages have stagnated in recent decades and that youth unemployment remains stubbornly high. So for younger people already facing economic uncertainty, it’s no wonder that they have magnified fears about retirement. And though retirement is a significant fear for them, many younger people don’t even think it’ll happen. They’re actually just as scared of not retiring at all. We asked our respondents if they think they’ll actually be able to retire, or they believe they’ll have to keep working. Overall, it was almost a perfectly even 50/50 split, but when we made a comparison based on age the results were telling. Of those aged 55 and older, fully 62% were confident they’d be able to retire, but that dropped to 45% for the younger cohort aged younger than 39. So it’s fair to say that retirement, or not even being able to retire is a genuine concern. But just what is it that makes it such a terrifying prospect? To find out we dug even deeper into people’s fears about their golden years. This article is about how strong is your preparation for retirement? That's why we advice people not to buy 1,3,10 or 2 acres of Land and feels relax not to do more. You can't feels relax after 1 to 5 or 15 houses 🏠 Create multiple streams of passive income, after your retirement all you need to do is enjoying your life, vacation,relax by the beach ⛱️ side etc. And all will be beautiful memories. My name is Solomon a lead consultant at Soloproperty of Lagos,I am a real estate expert,I help people make money 💰 through real estate investment,I give professional advisory to those who wants to invest and I help them make the right and smart decision when it comes to buying/investing in real estate. The idea 💡 is not just to get rich but to be wealthy and create trasgenerational wealth for your children's children to come. Yesterday 24th 01 2023 we officially launched MONTE CARLO LAGOS located in Epe Lagos state. MONTE CARLO LAGOS is currently selling at a pre launch price i.e it's selling below the market value. Being a professional real estate consultant I advise you key in/buy it now because it's the best time to buy property. MONTE CARLO LAGOS has governor consent as a tittle. 300sqm 12m 500sqm 20m 1000sqm 39m For real estate advisory, enquiry and purchase please contact: +234 7039514746. Email:solopropertyoflagos1@gmail.com Website: Solopropertyoflagos.com #investment #Retirement #investor #realestate #celebrityrealtor |
(1) (Reply)
Ifite Awka Anambra State Lands For Sell / Yaba Affordable Acomodation Update / *gbagada Lettings* *3 Bedrooms Flat* *sawmill Axis*
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 17 |