Thank you, this is a great video. Well articulated and your points well discussed. I am based in Australia. I am well settled here as a Nigerian Australian. A lot of time I think about this topic. Honestly, all the factors you have discussed will determine where I will retire when I grow old. Although, I am still far from retirement. What I am doing now is to work and save towards retirement. I am also making additional voluntary contributions towards my pension. I am making good decisions now for my future e.g pay off my mortgage, building my own businesses especially remote professional job towards my old age, increasing my earning capability through additional studies etc. Also, I will not wait till I am old before I travel the world. The mistake many people have made in diaspora is to keep postponing having fun, travelling and enjoying the work of their labour. Hustling never ends in the West. While it is good to save and plan for retirement, it is also good to enjoy today. There must be a balance. Thank you. Great topic! Great video! Cheers
Wow, thank you for taking the time to write this comment. I really appreciate it. I applaud you for doing all the right things now to prepare. I think that is where many people miss it and it becomes rather late when they start thinking about their retirement. I also agree that you do not have to wait until retirement to do the things you want to do. Watch out for a video on that soon 🙂. Thank you very much for watching! I hope to visit Australia sometime soon.
For Nigerians in diaspora, take the issue of having money saved or invested for old age seriously. Good to be generous but don’t eat your seed. If you plan to retire in Nigeria, ensure you have a home here to retire to. Revive your network through your alumni or family or religious group. Plan towards this and don’t leave it to chances. Currency devaluation could destroy your retirement savings, so invest part of your savings in stable economies where the return can come in handy in old age. Best of luck.
In the end, the race is only with your self **** Jerry Pinkas That second major factor, what kind of lifestyle! For me i will love to retire where my extended family is like that doc who went back to Nigeria from abroad. My retirement is time to give back to my village community by Gods grace.
This is comprehensive indeed. There is also the need to consider the implications of non-residency. Old age security payment may be wiped off by changing one's residency to a different country, CPP is not as affected. Of course one could still maintain residency by having an investment in Canada but where your treasure is that is where your heart stays 😅
As a matter facts, I do tell people they are three major continent in the world that's really cool to live, and even retirement. 1. Africa, Asia, and South America.
Agree, village life can be cheaper, but is it right for everyone? Each person needs to consider all the factors and choose what is right for them. Thank you for watching!
@mosunowo-odusi3596 Her video is extremely clear and concise. If you choose to retire home, consider the pros and cons... and if you choose abroad, consider both sides of the coin. Furthermore, don't follow anybody's decision to make your own individual choices.
Thank you, this is a great video. Well articulated and your points well discussed. I am based in Australia. I am well settled here as a Nigerian Australian. A lot of time I think about this topic. Honestly, all the factors you have discussed will determine where I will retire when I grow old. Although, I am still far from retirement. What I am doing now is to work and save towards retirement. I am also making additional voluntary contributions towards my pension. I am making good decisions now for my future e.g pay off my mortgage, building my own businesses especially remote professional job towards my old age, increasing my earning capability through additional studies etc. Also, I will not wait till I am old before I travel the world. The mistake many people have made in diaspora is to keep postponing having fun, travelling and enjoying the work of their labour. Hustling never ends in the West. While it is good to save and plan for retirement, it is also good to enjoy today. There must be a balance. Thank you. Great topic! Great video! Cheers
Wow, thank you for taking the time to write this comment. I really appreciate it. I applaud you for doing all the right things now to prepare. I think that is where many people miss it and it becomes rather late when they start thinking about their retirement. I also agree that you do not have to wait until retirement to do the things you want to do. Watch out for a video on that soon 🙂. Thank you very much for watching! I hope to visit Australia sometime soon.
For Nigerians in diaspora, take the issue of having money saved or invested for old age seriously. Good to be generous but don’t eat your seed. If you plan to retire in Nigeria, ensure you have a home here to retire to. Revive your network through your alumni or family or religious group. Plan towards this and don’t leave it to chances. Currency devaluation could destroy your retirement savings, so invest part of your savings in stable economies where the return can come in handy in old age. Best of luck.
Great advice! Thank you so much!
Thank you
Thank you for watching Sis!
Thanks and more wisdom❤
Thank you 🙏🏾
In the end, the race is only with your self **** Jerry Pinkas
That second major factor, what kind of lifestyle!
For me i will love to retire where my extended family is like that doc who went back to Nigeria from abroad. My retirement is time to give back to my village community by Gods grace.
Indeed. We should not race with anyone else in life. May the Lord grant our desires according to His plans for us. I appreciate you watching!
@@ThisSideOfLifeWisdom amen
Pls as a Nigerian, retirement will be good in your own country
This is comprehensive indeed. There is also the need to consider the implications of non-residency. Old age security payment may be wiped off by changing one's residency to a different country, CPP is not as affected. Of course one could still maintain residency by having an investment in Canada but where your treasure is that is where your heart stays 😅
Yes, your heart is where your treasure is. Thank for watching!
Samoa 🇼🇸. Beach and nature!!
Samoa!! Nice one. Thanks for watching!
I love your video
Thank you so much. Thank you for watching!
As a matter facts, I do tell people they are three major continent in the world that's really cool to live, and even retirement. 1. Africa, Asia, and South America.
True. Thanks for watching!
the cheapest place to retire is to go back to your village. Avoid big cities such as abidjan, lagos, dakar, johannesburg etc...
Agree, village life can be cheaper, but is it right for everyone? Each person needs to consider all the factors and choose what is right for them. Thank you for watching!
What about a widow?
Dear Sis, I think the same thing applies, but family probably more so. I appreciate you watching. Thank you🙏🏾
It's not so clear cut I think .
Yes, it requires a lot of thinking and weighing all the options. Thanks!
@mosunowo-odusi3596
Her video is extremely clear and concise. If you choose to retire home, consider the pros and cons... and if you choose abroad, consider both sides of the coin. Furthermore, don't follow anybody's decision to make your own individual choices.