Step 2 of 3
The four retirement risks
Retirement plans fail for predictable reasons. Know them early so you can plan around them.
Inflation
Prices keep rising after your salary stops. A ₱20,000 lifestyle today could cost twice that in 18 years at 4% inflation.
Bad timing
A market drop right when you start withdrawing hurts far more than one earlier in life. Shift to steadier investments as retirement nears.
Living longer
Many Filipinos now live into their 80s. Plan for your money to last until at least 90.
Health costs
Medical bills usually rise with age. Keep health coverage and a separate health fund.
If you're falling short
Retirees who come up short usually cut costs, move somewhere cheaper, work part-time or depend on their children. The earlier you plan, the more of these you can avoid.