Aston Lukoye
Eric ‘Amerix’ Amunga, a well-known reproductive medical specialist, fat loss coach, and social media influencer based in Western Kenya, has urged men to start planning for their retirement early.
In a post on his twitter, Amunga highlighted the importance of financial planning and making smart decisions in order to secure a comfortable retirement.
Retirement
According to Amunga, one of the best ways for men to plan for retirement is to save their money in a Savings and Credit Cooperative Organization (SACCO). By putting money into a SACCO, men can earn interest and have access to loans in case of emergencies. This can be an effective way to build up a nest egg over time.
In addition to saving money, Amunga also advised men to consider building a business. By starting a business, men can create a steady stream of income that can help them achieve financial stability and security. Moreover, Amunga emphasized the importance of training one’s son how to run the business, so that it can be passed down from generation to generation.
Men,
How to plan for retirement:
– Save your money in a SACCO
– Build a business
– Train your son how to run the business
– Save & Reinvest your profits
– Build a house that belongs to you alone
– Live a healthy life to keep metabolic diseases away#MasculinitySaturday
— Eric (@amerix) April 22, 2023
Another important aspect of retirement planning, according to Amunga, is to save and reinvest profits. This means that men should not just spend their profits, but instead put them back into the business or other investments in order to grow their wealth over time.
Importance of owning a house
Amunga also emphasized the importance of owning a house. By owning a house, men can avoid the expense of paying rent in retirement and have a place to call their own. Moreover, Amunga advised men to live a healthy lifestyle in order to keep metabolic diseases at bay, which can be costly in retirement.
Overall, Amunga’s advice highlights the importance of being proactive when it comes to retirement planning. By starting early and making smart decisions, men can set themselves up for a comfortable and secure retirement
