Have you ever planned of having your own retirement account or funds? If yes, when do you plan to get it? Or, do you have one already? Perhaps, an insurance plan or a different retirement plan?
Those who have existing retirement plans already, let me tell you this—you are fortunate that you were able to get one at a young age. Retirement plans are helping a lot of people these days, especially those who aimed at becoming financially free when they were still working and hustling. This is the best time to get your retirement plan. In case you’re wondering, there are many perks that you can get from having your retirement account. Let’s talk about those perks in this blog.
Dream achieved
The perks of having your retirement plans include achieving your dreams. I know you might ask “In what way?” Well, retirement plans produce funds for you. If you plan to build a business after you retired, then you can use your retirement funds to build that business you have been dreaming of. If you are planning to buy a house after you retired, you can also use your retirement funds for it. You can do almost anything with retirement funds—build a house or car, own a house, travel, and so on.
Catch me in my live training events! (quick plug)
The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.
Stock Smarts Zoom Technical Analysis
Stock Smarts: Live Traning Fundamental Analysis
Stock Smarts Book Series
Financial freedom
After all the years of working hard, you would want to become financially free at the end of it. That’s why there are retirement plans. You need to be financially free when you stop working. You can’t rely on your family when you reach the age of 65 or more because more often than not, your family would be pursuing their own financial dreams in life. Without a retirement plan, you will only cause financial burdens to your family when you retire. This is also the reason why many people are still working despite reaching the age of 65 or more. So, would you rather become a burden to your family or a financially free folk who can do almost anything because of financial freedom? Choose wisely.
Unlimited travel
Go to Japan! Go to Europe! Go to Norway! Go anywhere you want with your retirement plans. One of the perks of having your own retirement plan is actually being able to travel without limitations. Money wouldn’t be a problem. If you have a retirement plan where you can get funds even when you are not working anymore, it’s going to be ideal for you.
A retirement plan is not just an expense. It’s an asset that you should be saving up for as early as now. If you are a young professional, it’s time to save up for your retirement. Don’t wait for your 40s or 50s to get a plan because you might spend expensively on premiums. If you can do it now, don’t hesitate. You will need a retirement plan to be financially free and secured in the future. Make it a habit to contribute to your retirement plan.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
