08/05/2021
Hanggang saan aabot ang RETIREMENT PAY mo?
WARNING: Long post but worth reading. 💯
When you retire at 60 years old,
And you're going to live for 20 years more with your wife/husband.
Kakain lang kayo ng 3x a day with a budget of 50 pesos per meal.
It will already cost you 2,190,000 pesos!
Meron pa kayang 50 pesos per meal in the future? Paano na ang INFLATION?
Pano pa yung:
❌Kuryente (mag-lampara nalang?)
❌Tubig (di na iinom? Walang ligo?)
❌Transporation (Paglalabas, maglalakad?)
❌Toiletries (bawal magsabon and shampoo?)
❌Maintenance drugs (bawal magkasakit?)
All of us will eventually retire,
Our body will deteriorate,
We can't work forever,
When that time comes...
Reality is... No work, no pay.
Even if we have a savings/investment/retirement pay of 2million, kulang parin yan.
What if 100 pesos per meal na in the future❓
Then we need 4,380,000 just to eat 3 meals a day.
If you read until this point...
I want you to understand the value of passive income.
Passive income is money you earn that doesn't require you to do a lot of “active” work to continue making it.
But of course you have to build it first probably 5-10 years.
Here's some of our tips:
✅Find a business and learn leverage.
You cannot have passive income if you're doing everything on your own. It's self-employment.
✅If you're into investments, compute how much you should invest so you could earn your MONTHLY income from work.
✅If you're waiting for pension from SSS or GSIS, check their benefit estimator online.
Estimate: 12,911 a month 30 years from now.
NUMBERS DON'T LIE.
Remember: THE BEST PERSON TO TAKE CARE OF THE OLDER YOU, IS THE YOUNGER YOU NOW.
CTTO: Millennial Business Mentors