Income Gap in Retirement - Moneylife

Income Gap in Retirement - Moneylife



My VIEW:



Conditions in USA may be different. There are certain social security systems which take care of hunger and shelter needs of the old there. Back in India, at this stage of transition when existing social security systems including pension in the organised sector are being dismantled, workers including those with fairly attractive income need to plan their savings for post-job life judiciously. Employers need to factor in a decent component in the compensation package of their employees and ensure that savings really happen.

M G Warrier

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