September is the last working month for a lot of people. After several decades of full-time work, this should really be a month to celebrate. Sadly, a lot of retirees I know are just retiring rather than reaching financial independence.
Saving is generally a difficult decision. Saving for retirement is even tougher, as we tend to spend today rather than keep it for the future. Despite working from 9am-5pm until 60, many of us end up having virtually no retirement savings.
Thai society is admittedly ageing rapidly. About 12% of the Thai population is now over 60 years old, and by 2040 a quarter of the population could be over 65, more than the number of working-age people. In an ageing society, saving money for a comfortable retirement becomes even more crucial. But only a few have actually managed to save enough once they clear their desks for the last time.
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