Are retirement funds still relevant today or is there a better alternative?

February 1, 2022

The concept of retirement funds may seem simple to many because one may view it as merely an individual saving. The reality is that there is a lot more to it. Saving for one’s retirement should unavoidably be an involving exercise during one’s working life. For many people, retirement benefit constitutes the largest pool of money they have at any given time in their lifetime. Retirement Funds have come under a lot of pressure over the years as members are not able to achieve their desired financial outcomes.

Experts have debated on what some of the leading factors resulting from this could be and there is no definite, no one correct answer or solution to the problem. This gives rise to the question of whether retirement funds are worth the trouble at the end of the day?