Where Do You See Yourself When You Retire?

Updated: April 28, 2020

Where do you see yourself when you retire?

There are four possible scenarios, according to a study of SunLife Philippines, who found out that:

Out of 100 Filipinos who are at age 65

2 are financially independent


23 are still working


30 are dependent on charity


AND 45 are dependent on their children or relatives


The 98% did not want that to happen to them.

They did not plan to fail… they simply failed to plan.

Failing to plan is planning to fail.

Where do you see yourself when you retire?

You have two options:

Sacrifice now… and enjoy later


OR Enjoy now… and suffer later


The choice is yours.

This post is inspired by the lessons from the Secret to Saving and Building Your Future financial coaching by the IMG Wealth Academy. Watch it for FREE here.


  1. As much as possible, sana tinuturo ‘yung mga ganito sa mga young adults. We can’t deny the fact that talagang magastos ang karamihan eh. Sure, we appreciate our parents effort pero hindi lahat itatama ‘yung paggastos. Masyadong maraming pinaggagastosan ang mga teenagers, mostly ‘yung iba eh naaaddict sa mga bisyo, peer pleasure, and dahil sa tingin nila wala silang ginagawa kung saan saan na lang ginagastos ang pera. Only few are thought on proper handling of money by their parents. ‘Yung mga hindi natututo ng financial stuffs on their young minds mostly exerts too much effort to climb the financial ladder pero hindi lahat umaangat sa buhay…

  2. Sana college palang meron nang financial literacy yung mga students. Kasi parang normal na lang sa ‘tin na once we graduate and earn our own money, we can buy whatever we want. And once we’re too used to our spending habits while we were young, mahirap nang baguhin. Kaya maraming ayaw makinig sa mga financial advisors.

    Maybe financial advisors should make it their advocacy to teach financial literacy not just to working people, but to students as well. I think students are easier to brainwash. They believe everything their teachers tell them.

    Kung meron lang subject sa college na “importance of investment and life insurance” mas dadami siguro ang magiging financially prepared for the future.

  3. There really is a lack of financial education in our educational system. I had to learn by myself how to manage, save and invest my money. Without blogs like this blog, it would be really hard to teach yourself the basics of handling money and building wealth. Imagine if I knew what I know now when I was in my 20s. I plan to be in the 2% who did not fail to plan. Have to sacrifice now to save the remaining 60% that will complete my planned retirement amount.

  4. Fitz, u keep on dissing 65yr olds who are still working.. Well, if for them the work is cool & enjoyable, why not??

  5. We are in agreement with both the content of this article and many of the very thoughtful comments. Life does take many twists and tuns. My first wonderful bride had cancer at a very young age. Together with great effort, we beat the cancer and enjoyed 16 more wonderful years together. Still, 15 years ago in the month of May, I lost her to the disease during her second battle with cancer. Life slowly continued but who knew I would wind up 7 years later in the Philippines enjoying semi-retirement?

    I have been blessed beyond measure with my second beautiful bride. She is truly a gift from above and I thank the Philippines for giving me one of their best and brightest to be my wife. Actually, I am busier these days more than ever on many projects that make us happy and even bring joy to others. I look forward to my “work” at night when I log on to my trading account and look for new opportunities, especially to sell option premium. I plan do that until I can no longer rise my head off the pillow.

    Three wonderful kids came with my wife as part of the package and we have added one more to make an even four!!! We build new business ventures together and my wife continues to do the “work” she loves most, academic writing. In fact, my bride stated that when there is a new topic that she has interest in and it requires research beyond her three degrees, she says she feels like she is getting paid to go back to school as she learns new things. She NEVER plans to totally quit, only ration her time so the family is not neglected.

    There you go, life stopped and skipped a beat for me many years ago. It was the careful planning and frugal living living that allowed me to begin again when the oppertunity knocked. Plan with wisdom and life really can be a BLAST even with setbacks!!!!

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