Life is a continuous journey which can be full of joy, jubilation, sorrow, tears and regrets. When everything is fine, we forget to plan for the future as the present is always a constant that deserves the most attention. This slight dissuasion for future planning came full circle recently with COVID-19, as many people realised that their future became the present overnight as lives changed for the better or worse.

Many people had to start from nothing again as they either had to liquidate assets or were put in a worse financial position within the present time. As a result, some people had to seek moratoriums on loans, ask for extensions of waivers on rent or other subscriptions to a certain product without facing a penalty. Some people will recover and get back on track, but they may end up asking more questions about what the future may hold for them due to this setback.

http://www.jamaicaobserver.com/sunday-finance/planning-for-life-pensions-and-old-age_212913