Retirement Savings Background What is retirement, what are you going to live on when you retire, and what are you doing to build a dignified retirement? This topic will review information related to saving for old age and retirement, the benefits of having an individual account in a Retirement Fund Administrator (AFORE) and the importance of making additional contributions to this account, as well as the forms of pension, among other things. Retirement is defined as the stage in life when a person stops working. Ideally, one should have sufficient savings or a pension by that time to live a peaceful life. However, in order to be able to save for retirement and have a peaceful old age, it is necessary to define a goal, which will allow one to know what one wants to achieve and in what time frame it will be possible to achieve it. It is possible that the contributions that your employer withholds every two months for your individual account alone will not be enough to...