learninginvestor

Posts Tagged ‘Individual Economics’

SSS may end on 2036 – another big reason to personally invest

In Investing Money on March 2, 2009 at 6:03 pm

“The actuarial life of SSS fund is estimated to last until 2036.”

These are the words of SSS President, Romulo Neri in the article at Inquirer.net. Actuarial life simply means life expectancy thus, in laymans terms, the statement above means the end of SSS is estimated on 2036 which is 26 years from now. And that is a big big problem to those who will retire by that year (I’m one of those possible to retire by that time). Read the rest of this entry »

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