The Philippines recently ranked near the bottom of the Global Pension Index.
Like many Filipinos, I hope the system improves someday.
However, that can take time—and a lot of hoping and praying.
So in the meantime, here’s what you can do to build your own financial security—quietly and deliberately.
Taking Control of Your Future
This isn’t meant to bash, create fear, or cause panic. But the truth is, the institutions may not always take care of you.
The good news is: you have the power to design your own safety net and pension plans.
You can build resilience through your own habits, plans, and discipline.
Don’t wait for the system to change; let’s build your own financial resilience.
Know Your Pension Number
Retirement planning starts with clarity.
Ask yourself:
“How much pension would I actually need to live comfortably when work stops?”
If it’s ₱100,000 per month:
- Multiply by 12 to get your annual amount.
- Then multiply by 10 or 20 to estimate your retirement allowance.
When you know your number, every financial decision becomes more purposeful.
Build Your Private Pension Pillar
Government pension (SSS or GSIS) is one leg of your retirement stool.
But the second leg—your personal plan—is what gives balance and stability.
It could be an insurance plan with investment, an endowment policy, or a long-term fund portfolio.
This ensures your retirement doesn’t depend solely on government benefits, but on your own preparation.
Think of your personal plan as the second pillar of stability and security—built on your own discipline.
Practice Discipline and Patience
Once you’ve set your plan, consistency matters more than perfection.
Treat it as a non-negotiable expense for your future self.
Then, give your plan time to grow:
- Start early.
- Stop checking it daily.
- Trust the process.
Compounding only works with patience.
A small seed today can grow into a quiet forest tomorrow.
Control What You Can
You can’t control the Global Pension Index.
But you can control your discipline, your savings, and your protection.
Review your plan every year to ensure it still matches your goals.
Adjust when needed—not out of fear, but out of foresight.
Peace of mind shouldn’t depend on a ranking.
It should depend on preparation.
While we all hope for a stronger national pension system, your personal plan is something you can build now.
Quietly. Consistently. Confidently. ☕️