Retirement savings: Common myths that lead to old age poverty

Some of us believe they can delay retirement savings and catch up later which unfortunately often leads to insufficient savings.

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Retirement planning is a critical aspect of financial health yet, many Kenyans still hold misconceptions that encourage old age poverty and forced work in retirement. Let’s debunk some of these common myths about retirement savings and look at ways we can secure a better financial future.

I am too young to start saving for retirement

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Note: The results are not exact but very close to the actual.