Do Retirees Need to Save

[Paul Abel]

Before we can proffer an answer to this question we must first and foremostly get the logic and idea behind saving. The actual purpose of saving should not be misunderstood and retirement is not the only reason why people save or should save.

So now actually, retirees need to save and that depends on whether they get pensions, receive payments from their passive income streams and many other things that wise retirees put in place to ensure that they have a steady source of income after retirement.
There is virtually no end point for saving because the Uncertainties that abound in life are innumerable and the points they come are literally unpredictable and never announce their appearance.

Even as a retiree, I personally will give this honest and helpful advise that saving should continue. Because one literally has little to accomplish again, the zeal and need for saving does not die.

To convince yourself properly about the fact that you need to save, you must first outline your reasons for saving and all the reasons that there be why people save. It is from there that you will discover the coverage saving gives cuts across the entire age circles exempting none.

 

[Augusta]

I believe everyone needs to save money whether as a retiree or not. When it comes to the issue of money every one needs it, so to sustain the money and keep it even for future use then one has to save some in case of any future money demanding needs.

So even a retiree needs to go through this same process if the person want to have a saved money which will help cater for a lot of the demands for the future.Bottom lime is that we need to save money and even a retiree need to save money too for the future.