We need to understand that at the end of the day, we ourselves only have to take care of all our requirements , be it current, or our future requirements. We also need to appreciate that our ability of earn will indeed come down post say our fifty years of age because we may not be able to keep up with changing times and needs. That is why we need to ensure that we plan for savings for our future, by starting our savings activities right from our age of late twenties, so that we have copious corpus that will feed out requirements during our retired life.