No one can work until die. Everyone want a happy life after working for a long time. Unfortunately 90% of elderly people cant stop working due to lack of retirement fund.

 If you are an employee. It’s legally to have a security and provident fund automatically prepared for your retirement. Depend on what salary you have when you retire you will gave that fund for living. However, with 2 combined it not enough for a good quality of life. So, you need a planning adding a retirement fund by saving or investment.

 For example, if you need 20,000 THB a month for living and you will get 10,000 THB from your security fund. You have to invest to pay another 10,000 THB. By doing this, you have to calculate a simple thing how many year until you expect to died?. If you will die at 85 and retire at 60. You will live 25 year after retire so you need another 10,000 X25x12 = 3,000,000 THB to live as you want.

 The question is how to get 3,000,000 THB, I expected you know the answer, Yes by saving and investment. If now you are at 40 that means you have 20 year for saving. You simply saving 12,500 THB a month. But if you gradually invest to grow up your capital saving you will saving less per month. For example if you invest every month on mutual fund which average give you 5% profit per year. You just saving 7,300 THB a month that amazing right. Beyond that mutual fund saving can tax exempt so it a double shot you save tax payment and you have a retirement saving.

  Consider it friend as soon as you begin the less saving per month you save.

NicetowealthYou