Building My Retirement Fund

Retirement is one of my worries as a single parent even though I know I have been funding it. Why does it worry me? I know how my father’s SSS pension is not enough for his monthly needs. He still works as a consultant to augment his and my mom’s daily needs.

After having attended the Associate Financial Planner’s Training early this year, I was able to compute how much I will need for my retirement. With that, I decided to find more ways to build my retirement fund.

Retirement is something I would really like to look forward to.  Having that said, here are the things that I have been doing in order to build my retirement fund.

1.  I have been investing in the stock market through Citisec Online since 2014.  I will continuously invest in the stock market.

2. I availed of Sun Life’s My Future Fund 2040 two years ago. I am paying for it on a quarterly basis. My annual premium is P48,000.  I lessened the insurance coverage on my My Future Fund 2040 so that the premiums will be placed on the investment.

3. Our company has a retirement plan and mutual savings fund. I became eligible after one year of continuous service in the company. In this plan, my employer will contribute 4% of my basic salary on a monthly basis. If I reach three years tenure, my employer will contribute 5% of my basic salary on a monthly basis.

On top of that, I enrolled in our company’s mutual savings fund. I am currently contributing 2% of my monthly basic salary. I plan to increase this once my daughter finishes college education, which is six years from now.

Vesting starts at 30% for at least three years of service, increasing 10% per additional year of service from years 4 to 10. Full vesting is attained at 10 years of service.

4. Since the stock market is volatile, I researched for other alternative investments and discovered Vidalia Lending Corporation (  With this company, you can invest in loans. It is like FundKo. The difference of Vidalia Lending Corporation is that it is a managed peer-to-peer lending company. You don’t have to choose who to lend money to since it is the company who will do it for you. They also handle the collection of loans.

Vidalia Lending Corporation guarantees returns on your investment. You can earn as much as 18% in interest earnings for a 12 month term. For this year, I invested P72,000 for three months with an interest rate of 3.5%.

Upon placement of my investment, I received an email with my investment confirmation. Instead of having the check delivered to my house, I opted to pick it up in Vidalia Lending Corporation’s office.

After this initial investment placement matures, I plan to re-invest it for another three months. Why not re-invest for one year? I plan to add to this placement on January 2019 when my remaining leaves are encashed. That is the time when I will invest it on a twelve month term.

I know I can make additional investments anytime. I just want to be organized and have a single check for this purpose. I want to be able to track my retirement fund in an organized manner.

All these four items comprise my retirement fund. Some people may think I am uptight. Reality is I have only myself to rely on. It is better to have a plan for this very big goal.

Retirement is something I would really like to look forward to.  It would be the stage in my life that I would like to see myself be involved in charitable causes.

31 Replies to “Building My Retirement Fund”

  1. Hi Ms Katherine, where is the My Future Fund invested, psei? Or do dey pick non blue chip stocks. My company has a similar retirement plan and my stocks portfolio is for retirement. I’ll check out the website of vidalia, looks like an interesting option to add to.

  2. I think you’re lucky that your company matches retire fund savings. Will investigate whether there’s a similar thing where I work. I do know that most employees contribute to the cooperative, which is a different thing but they get dividends back.

      1. Hi Ma’am Katherine,

        Cool to know you’re great doing Vidalia. How about your experience with FundKo, any updates po?

        Many thanks and cheers!

          1. Wow! Cool … mind giving few tips? I realized I just opened a FundKo account few months back but never statted funding it, mainly due for not yet knowing the needed tricks … will appreciate if you’ll throw in few tios …

            Many thanks and cheers! 😉

          2. Well, there is no trick. It is about what you can risk. Read the loan purpose and decide who you want to lend money to. Also, factor the credit rating of each borrower.

  3. Hi Mam Katherine, I find your blog really interesting and genuinely created to help and share information. I have a few funds that I wish I could use for some passive income activity but the thing is I know little about investing. The Vidalia attracts my attention but still, I’m anxious on trying since its my first time to do such thing and I consider my capital a hard earned money. I am trying to seek more information about this company but there were only few reviews on the internet. I know investing is about taking risk but would you mind if you can rate the risk I will be taking if I invest in Vidalia on a scale of 1-10.

    Thank you and Have a blessed day!

    1. Hi Latifa. I would rate it as 2 out of 10. Why? It’s a managed peer-to-peer lending, meaning they manage everything up to collection. I have a pdf
      that I can share with you if you need to see how they are able to give the guaranteed ROI. Where can I send the pdf file?

  4. Hi Katherine,

    I just chanced upon your blog and it is very informative for someone wanting to diversify his portfolio. Thank you.

    I am now thinking of trying Fundko and Vidalia as I feel I am not ready yet for the stock market.

    Do both provide written terms, some sort of security to assure their investors that they are legit? Were you able to get your initial investment and earnings from Vidalia?

    Thank you.

    1. Hi Seb. FundKo comes with a loan agreement that you have to sign digitally to give you protection. For Vidalia, they will give you a confirmation advice
      once you have placed your investment. This is an example of what you will get.

      Please be informed that we have enrolled your account.

      In accordance with your instructions, we confirm having placed your funds as follows:
      —————————— —————————— —————————— —————————-
      Instrument : Vidalia Loan Investment
      Security : Clean (CLN)
      Principal : PHP 72,000.00
      Maturity Amount : PHP 74,520.00
      Term : 03 months
      Value Date : XXXXXXX
      Maturity Date : XXXXXX
      Rate : 3.50%
      Processing Fee : 0.00%
      Management Fee : 0.00%
      —————————— —————————— —————————— —————————-
      pre-termination fees = 10% of principal

      Please find attached confirmation advice as proof of your investment.

      Thank you and we look forward to a fruitful business relationship!

      I hope this information helps.

  5. Ma’am, have you tried investing again in Vidalia for this year? Like you mentioned from your past blogpost? I am quite interested as well to try, i mean 18% per annum is not that bad right? But at the same time..too good to be true.

    1. Hi Crissy. Yes, I invested again. I added on top of my maturity amount for a term of one year. Yes, 18% is not that bad. Why do you think that it’s too good to be true? There are some investments that give 24% or 30% per annum.

      1. I recently invested in Vidalia ( for a year term). I actually called them several times just to make sure it isn’t a scam. Also called SEC to verify if it is legit. It’s quite a big risk but let’s hope for the best. (fingers crossed) I was quite hesitant at first but I took the risk instead of letting my savings sleep in the bank. I came across your blog post several months ago and I kept on researching for posts on passive income. Thanks for your post btw.
        Haven’t heard of legit companies giving 30% ROI in a year though. Do you happen to know some? I’ve tried UITFs with Security Bank and BDO but returns at the moment were both (-). DV Boer’s microfinancing is currently giving 15% annual return, whereas their paiwi program will give you 45% roi in 3 years.

        1. You can visit their office in Shaw Boulevard. DV Boer’s paiwi’s return for my current slot is at 30+% per year. It has been reduced. Their cattle paiwi has returns of 30% per year but the initial investment is at P2M.

  6. Good to see a thread like this. Actually I am an existing Vidalia investor, tried a little amount for 6 mos with its maturity next week. I am planning to top up soon but still the hesitation is here as I havent seen much reviews from investors. Like you and probably many, as an OFW, I am looking for possible investments in preparation for my early retirement. If I may share, I am also trying FarmOn. I was intending to try DV last December when I went back home but I ran out of time due to flu. I will check FundKo. Thanks for sharing this helpful info 😊

      1. Hi Joan. My investment matured on January 19, 2019. I did not have it deposited to my bank account. I added funds to it and opted for a term of one year. I will let you know after a year again.

  7. I’m impressed, I must say. Really rarely do I encounter a blog that?s both educative and entertaining, and let me tell you, you have hit the nail on the head. Your idea is outstanding; the issue is something that not enough people are speaking intelligently about. I am very happy that I stumbled across this in my search for something relating to this.

  8. Hello Maam. Really love the content of your blog. Very informative. Can I ask, which do you prefer FundKo or Vidalia? Been researching for P2P investment opportunities.

    You also mentioned in previous thread that you have reading materials regarding Vidalia, can I request for a copy please. Email ad is

    Thanks again! More fruitful articles from you mam!


    1. Hi Shojie. I prefer Vidalia since they manage everything from the time a lender applies from a loan. I do not choose who to lend to. It’s the company who chooses who to lend money to.
      The materials will be given to you before you invest. You can go to their website and ask for more info.

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