Murang'a: A section of older citizens in Murang'a have shared their retirement plan as they implore the youth to start saving in their hey days amidst the harsh economic times being experienced globally. This comes as more working Kenyans in regular employment and their counterparts in the informal sector decry the inability to save for a rainy day owing to the fact that they have to dig more into their pockets to meet their basic needs.

According to Kenya News Agency, James Mwangi Kiarie, a resident of Maragua ridge noted that as a retired teacher, he faithfully contributed to his employer's pension plan and eight years since he retired, his life has not changed a bit as he is able to meet his needs without a struggle. He maintains four dairy cows and goats and utilizes his farm through horticulture farming, selling the surplus when necessary. He emphasizes the importance of cultivating a saving culture and investing in continual growth, urging young people to live within their means and save towards retirement despite economic challenges.

Similarly, Naomi Njoki Mwangi, in her 70s, created several income sources during her working years, which now benefit her as she can no longer work due to age and health issues. She opened an agrovet store and planted 300 Hass avocado trees and 200 mango trees, providing her with a steady income. She stresses the importance of early planning and saving, advising young people, including those in self-employment, to prepare for a smooth transition into retirement.

Martin Kamau, in his early thirties, has already begun planning for his retirement by reducing entertainment expenses and opening a fixed sacco account for savings. He aims to earn passive income for future investments and advises fellow youth to save intentionally now to avoid struggles in old age.