Healthcare poses biggest financial fear for retirees


People Daily | by Steve Umidha

In Kenya today, it only takes a single medical issue to drain your bank account and force you to put major life events on hold – it is even worse when you are retired.

Healthcare costs have ballooned in the last decade, eating up wages and greater percentages of household incomes – and Kenyans who were saving for retirement during that time are not inescapably prepared for that cost and their account balances show it.

Statistics show that less than 10 per cent of Kenyan population retire…

Read more…


LEAVE A REPLY

Please enter your comment!
Please enter your name here