People In Their
30’s And 40’s Fear Growing Old Without
Money
But The Solution Is So
Simple…
Greg is a 63-year old man.
The salt and pepper hair fit him
nicely. Makes him look elegant. Greg also wears
cool clothes that make him look like a rich
gentleman.
But his eyes can’t hide the
bone-chilling terror inside.
Yes, Greg has a cushy job.
But he knows he will retire at
65. That is just two years away. And
he’s scared. Very scared. Because on
that day, he won’t have a monthly paycheck
anymore.
“I’m sure you have savings, right?” I
asked Greg.
He looked down, shaking his head. “Not more than
P200,000 in the bank. I’ve never been very good
with the savings bit. I just spent my money. And
there were many emergencies along the way. I know I
should have saved more. But I
didn’t.”
I asked, “But you’ll get a nice retirement
package from your company?”
“To pay my debts,” he sighed. “I
just borrowed to buy a car last year. And did some
house repairs this year. We also travelled as a family
last summer, paid for by another loan. So whatever
I’ll get from my retirement will erase my debt.
But nothing will be left. Absolutely
nothing.”
I couldn’t help but groan.
Greg was staring at the perfect
storm. A financial calamity that was coming in
two years.
I pitied him so
much…
