PH Government Benefits

What is PERA and why you need one right now

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What is PERA and why you need one right now

Personally, I don’t want to grow old poor. I’m sure you don’t want to be poor when you grow old either. And I bet that nobody in the world ever wants to be old and poor. So in order to help Pinoys prepare to be not poor when they’re old, I will discuss PERA in depth, and why you need one right now.   Retirement planning is a crucial yet regretfully neglected part of financial planning in the Philippines. People usually put off saving for retirement in the last 5 to 10 years of their working lives. Unfortunately, the money they save is not enough, what with all the medical bills, lifestyle adjustments, and inflation eating up the funds only a few short years later. This is, if they’re lucky. Most of the time, people are not able to save up anything for retirement. They have to rely on small […]