{"version":"1.0","type":"card","id":"05ad757c-c663-4190-af2b-16db03d099c6","url":"https://stacklist.com/card/05ad757c-c663-4190-af2b-16db03d099c6","title":"Seyi Abiodun | My heart goes out to the residents of my former  and favourite city- Lagos, for the t","source_url":"https://www.instagram.com/p/DH-REeLIpjx/?img_index=13&igsh=Nnl6bjRkaTJlbmVz","note":"6,120 likes, 332 comments - seyideassistant on April 2, 2025: \"My heart goes out to the residents of my former  and favourite city- Lagos, for the traffic situation of yesterday- from the videos, “e choke”.\n\nIt reminded me of some of my worst experiences, when you’d wish you had used public transport to work- because na to just come down trek. \n\nSome people got back home at 2AM and already up and on their way to work at 5:30AM, how can life expectancy be high in a situation like that? \n\nIt is well.\n\nThat point had to be made before I speak to this post.\n\nNow the post, it’s a lot of mathematics, calculation of future value, adjusting for inflation and all. I hope it’s simple enough?\n\nIf you think you understand the subject of money and don’t need a financial planner or advisor, Omo, na to think again!\n\nIf many people actually sit down to calculate how much they need in retirement to live comfortably, they will stop the “lau lau” spending that they’re doing now, thinking they’re rich. If your monthly expenses is already N3m now at 29 years and you also plan to retire by 50, you better be planning for N37.5m monthly on expenses, if you’re already spending N10m monthly now, your monthly may be as high N125M.\n\nThis is a full explanation of why people go broke in retirement- someone who could travel to any part of the world and pay, now that she has stopped working, she can barely afford a ticket- because the price has gone up 500% \n\nInflation plays a very huge part in your wealth building process.\". ","image":{"url":"https://ucarecdn.com/2aa4dc05-97df-499c-9c13-996fe961cb95/","alt":"Seyi Abiodun | My heart goes out to the residents of my former  and favourite city- Lagos, for the t","width":1200,"height":630},"stack":{"id":"1aca28f1-99c7-400b-ae19-c5ea1c30e6f7","title":"investing","url":"https://stacklist.com/stack/1aca28f1-99c7-400b-ae19-c5ea1c30e6f7"},"created_at":"2025-04-04T18:10:36.486Z","updated_at":null,"aco":{"summary":"This Instagram post discusses the importance of financial planning for retirement, particularly in a country with high inflation like Nigeria. The post highlights how inflation can significantly impact future expenses and emphasizes the need to factor it into retirement planning. \n","tags":[],"key_entities":[],"classification":null,"language":null,"confidence":null,"provenance":null,"token_counts":{"approximate":82},"content_hash":null,"acp_version":"0.2","body_available":false,"body_tokens":0,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/05ad757c-c663-4190-af2b-16db03d099c6.json","html":"https://stacklist.com/card/05ad757c-c663-4190-af2b-16db03d099c6","md":"/api/public/card/05ad757c-c663-4190-af2b-16db03d099c6.md","stack_json":"/api/public/stack/1aca28f1-99c7-400b-ae19-c5ea1c30e6f7.json"}}