Income stream: Piperdy says a good social security system provides an income stream rather than just a lump sum payment upon retirement.
FINANCIAL security in old age has never been more important, what with declining birth rates and increasing longevity.
For many Malaysians and Asians who in the past used to depend on their children and grandchildren as a primary source of income post retirement, the pressure is increasing as people are living longer but having fewer children to support them.
