Do you care about your autumn?

Youth is a good time to think about your gray hairs times. It is important to understand that even though you probably are an advanced one and earn quite good today, inevitable is the moment when you will be unable to do it anymore. The older you become, the less energy you have; besides, it is usually a problem to find a good job for older people because employers prefer to hire young and active ones instead. Having prepared to those times beforehand, you will protect yourself from a potential stress in future and will be able to adapt to your new way of life without too much difficulties.

Such pension-aimed strategy might consist of the following basic elements:

1) Maintain a kind of own “pension fund” by putting aside a certain fraction of your monthly income and investing the accumulated money into various assets. There is a huge number of investment instruments available, from public pension funds and bank deposits (for conservative people), to metals, shares and stocks (for geeks).

2) Prepare yourself for earning money in old ages. It is very likely that you would be unable to succeed on some full-time position (even if you get it). As for me, it is a good idea to concentrate on some self-employment activity such as flowers growing, wood decorating, painting, ship modeling, cage mastering etc. Having started with it now, you will acquire good skills for the moment when you really need it. As a reasonable option, one might wish to have a look at several activities involving different senses (it would be pity to end up with excellent piano tuning skills being totally deaf).

3) Take care about your health. The healthier you are, the less money you will spend to maintain your life, the more time and energy you will have to do what you really love.

And I am pretty sure that an old you will send many thanks to a young you :).