Get Real About Retirement
Every now and then, we zone out in class or at work. Our minds wander, daydreaming about finding the proverbial pot of gold at the end of the rainbow or winning RM1 million. It’ll be really cool to have money to simply do and own anything we want, especially when we retire.
Well, to daydream about all these is normal. And sure, this may happen for a lucky few, but let’s get real. Hoping for a sudden windfall isn’t going to cut it for your financial future.
Instead of daydreaming of future riches, why not build savings for your future now?
Here is What You Can Do
Think of three alphabets – PRS, which stands for Private Retirement Schemes, a voluntary long-term savings and investment scheme designed to help you save more for your retirement.
All you need is as low as RM100 to start and open your PRS account via PRS Online. Once you get started, cultivate the habit of saving regularly. As the saying goes: “Sedikit, sedikit, lama-lama jadi bukit.”
Being young with the luxury of time gives you the benefit of compound interest on your PRS savings. Over the course of your career, that will help you steadily grow your retirement fund.
So, give yourself a head start towards your dream retirement by taking action today.
Don’t just daydream-laa.