OFWs are paid more than their locally employed counterparts. They have the opportunity to earn more, save more, and live better because of increased earnings. However, not all OFWs are able to sustain a comfortable lifestyle especially when they reach their golden years. While some continued to live the good life, others fail to find employment because of old age. There are also those who are crippled by sickness and are no longer able to seek employment.
Apart from those, some people simply failed to manage their finances well to secure a comfortable life during their golden years. What your future would be like depends on the preparations you do now. So even when you’re still in your prime, you should not disregard the importance of retirement planning. There are opportunities to grow your money through investment.
You should also look into investment options that can expand your wealth, take care of your health, and secure your future. Retirement planning is essential. If you need help in getting started, here’s an infographic that shares a retirement checklist for Pinoys abroad who want to live the best life they can have even in their senior years.
Infographic Source: https://www.sunlife.com.ph/en/life-goals/enjoy-your-retirement/retirement-checklist-for-pinoys-abroad/