Goodbye tension, hello pension
You only live once, which is exactly why you should get a retirement plan
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.