Do you currently save money for retirement/pension?

I was inspired here by myLotters to save for the future. Before, I always think that I am still too young to think of retirement. But reading some financial management sites and hearing out some friends and colleagues, my view of saving for the inevitable future changed. Now, I'm planning to save at a hard nosed pace. The ways to invest depends on the risk you can take. You can ask a financial advisers or bank officers for the different products that may suit for your retirement plan. As I have browsed your profile, I see that you are also still young. Your risk tolerance can still be high, although some situations can still be a factor to determine that, e.g. children, debts, liabilities, etc. The best way to go for investing for isk tolerant individuals is through stocks or mutual funds. If you are risk aversive, you can try investing in bonds, government securities and other time deposits or special savings accounts. Ask your bank for tax exempted products as much as possible. Please note that product offerings differ from different countries and different banks. I congratulate you for obviously having the knack to save for retirement. I am also going my quest to save now also! Good luck and may we save and grow our hard earned money!

Every year, I kept a promise to start saving for the future but ended up spending everything. Maybe because of limited income and other financial resources, I am struggling very hard with my expenses so the saving stuff remains a dream but hopefully this year I can be able to save some amount.

I try to save money for myself. But o there is nothing like that here in the Philippines for people who want to save for their retirement.

I try to save money for myself. But o there is nothing like that here in the Philippines for people who want to save for their retirement.

I believe it's gonna be different for every country. I must say that I started getting an interest on savings for retirement when I read an article of how you can live your life better in the future when you're already retired. I think that was from yahoo. Before, I never really pay attention as to what I was paying for the Social security system until that article came out. It said that the best way to save up for the future is through your social security system. I learned that for every contribution you make, your company pays double, if I'm not mistaken. I totally have forgotten, I'm sorry! But what I know is that, that doubles your payment for your pensions which would actually help for future use.

My place of employment has a 403b tax deferred retirement account. currently, i am not putting in a lot of money. i feel that i need a bit more in savings for a rainy day fund before really pouring my money into my retirement fund. i still have savings bonds from when i graduated high school that i am going to wait until they stop earning interest on and then put them into a savings account. that should be close to 3,000 usd.