I see many articles on retirement planning and all, I start to think how can one really plan for retirement in today’s volatile business environment.

If you flip today’s Straits Times, you can read that Eastman Kodak, has filed for bankruptcy yesterday. This is one of America’s most notable companies and has a long history. Years of poor performances has led to them laying off 47,000 employees and closing 13 factories. I remembered making a sales call at them back in 2008 at their Singapore office in lorong chuan. I am not sure if they are still around now, but this is a really a reality check that even if you plan for retirement, things which are beyond your control happens like companies falling into financial difficulties and end up folding.
The fact is that we depend on our day job for income, this is needed for expenses, payments and retirement …