Manila Bulletin

Goodbye tension, hello pension

You only live once, which is exactly why you should get a retirement plan

- By POCH EULALIA

While I was growing up, the catchphras­e “Y.O.L.O (You Only Live Once)” started to make a buzz about living in the now. Pop icons such as Drake and Lil Wayne would include the term in their songs while showcasing lavish lifestyles one could only dream of. To a high school student growing up at the time, the message was clear. Live life now, and worry about the consequenc­es later.

Fast forward to today, Y.O.L.O continues to ring in my head but for a different reason. I’ve lived through a global pandemic, soaring prices, inflation, and two years of unemployme­nt. Through that struggle, I’ve realized the mistake of splurging nearly all my income away by adding things to my cart.

You only live once, hence the importance of planning for the future.

Retirement is inevitable for everyone. To truly live a worry-free life, one of comfort in this single life of ours, it is crucial to plan while we are still in our prime earning years.

In the country, AXA Philippine­s introduced some of its latest offerings to help Filipinos plan for their retirement at Dusit Thani Manila, in mid-August. Guest speakers such as blogger Ginger Arboleda, from mommyginge­r.com, and Stocksmart­s CEO Marvin Germo led a discussion on retirement planning.

Notable offerings include the MyLifeChoi­ce Retirement variant, which provides the protection needed to prepare for the uncertaint­ies that may come later in life. It follows a unique strategy that allows your savings to maximize growth potential at the onset and minimize risk by the time you need your money for retirement.

Available also is the AXA GAIN Fund, which allows for a semi-annual cash payout that can help provide a source of regular income during

To truly live a worry-free life, one of comfort in this single life of ours, it is crucial to plan while we are still in our prime earning years.

retirement through the AXA Asset Master product.

Of course, setting goals remains a crucial step toward securing the future. The Goal Planner and Investment Tracker feature on Emma by AXA will soon be available through both mobile app and web versions. Such tools help provide timely monitoring of your progress and allow you to know if there are necessary adjustment­s needed to stay on track with your goals.

“We are committed to help our customers protect what matters to them in all stages of their lives. With our new products and tools for retirement planning, we hope we can help Filipinos be secure and able to retire on their own terms,” said Nandy Villar, AXA Philippine­s chief customer officer.

 ?? ?? PAN AHEAD Moderator and host RJ Ledesma, AXA Philippine­s segment director Lyzen Zapanta, AXA Philippine­s chief customer officer Nandy Villar, AXA Philippine­s segment director Dex Agcaoili, chief executive officer of Stock Smarts Marvin Germo, and founder of fintech company Taxumo Ginger Arboleda
PAN AHEAD Moderator and host RJ Ledesma, AXA Philippine­s segment director Lyzen Zapanta, AXA Philippine­s chief customer officer Nandy Villar, AXA Philippine­s segment director Dex Agcaoili, chief executive officer of Stock Smarts Marvin Germo, and founder of fintech company Taxumo Ginger Arboleda

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