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Why You Must Start Thinking About Your Retirement Now With NSSF

BY Juma · April 15, 2024 10:04 am

KEY POINTS

Retirement should not be a death sentence. It should not be something you are scared of facing. It should be something to embrace, something to cherish, something to run for to rest and enjoy with your family and friends every day.

Retirement is inevitable. Let us face it. Whether you like it or not, retirement is coming. Retirement is as inevitable as death. You cannot run away from it. The only difference is, with retirement, 99 percent of you know how and when it will come. But you cannot postpone it.

To many people, retirement is not something to smile about. It is a scare. It is something they do not want to think about. They are just not ready for it. Why? Preparations. Many people rarely prepare for retirement in terms of savings and income.

The greatest disadvantage of retirement is that your normal revenue either stops coming or is reduced from what you are used to. Those with savings, get to move along because they have something to fall back to. Those without, well, your guess is as good as mine.

Read Also: How To Pay Your NSSF Contributions Via E-Citizen

Stats show that at least 80 percent of retired Kenyans went to look for other jobs to sustain themselves due to the high cost of living within the country. This is a huge number that shows just how much people are not prepared for their retirement.

Retirement should not be a death sentence. It should not be something you are scared of facing. It should be something to embrace, something to cherish, something to run for to rest and enjoy with your family and friends every day.

Read Also: The NSSF New Enhanced Rates’ Discussion: Separating Chaff From Facts

The National Social Security Fund (NSSF) has over the years been the main vehicle for millions of Kenyans, both in the formal and informal sectors to save for their future. The Fund lets one save in a flexible manner and earn their savings and benefits when a time to access them comes.

NSSF now has enhanced rates. This means that Kenyans can now save more and earn more when they retire or when they need access to their savings. The beauty about NSSF is that the more one saves, the more benefits one gets. Follow them on their official social media channels and join them today.

Read Also: NSSF Set To Relaunch Haba Haba As Part Of Its Strategic Plan

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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