Save for the future

It is eye-opening news for all in the UAE that more than two-thirds of its residents fail to plan their retirement life, as found by a research conducted by a major financial concern. As per their advice, start saving from a very young age so that you can have a bigger retirement fund.

In today’s world, it is difficult to save for the future. However, though day-to-day life seems to be difficult, think how much more difficult it is after retirement. So saving for the future is critical for everybody. If you earn Dh1,500 a month and are saving a certain amount, you are better off than someone who earns Dh10,000 a month but doesn’t save.

It is not just how much you earn, but how much you save too. Savings at an early age, however small, will grow over the years and get bigger returns when you are old.

P. Ajoy Kangazha, Sharjah

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