What's new

At what age should you begin a pension fund?

I would advise that immediately one starts getting income from a job and it is a good pay then the next thing is how to settle down, build a life and then start thinking about how to set up a retirement plan
 
I would advise that immediately one starts getting income from a job and it is a good pay then the next thing is how to settle down, build a life and then start thinking about how to set up a retirement plan
Before the age of 40 you should have been thinking of building up a pension. Check your finances for an extra funds that you can spare for your savings. Instead of depositing in the bank you can use that extra money to pay for the monthly premium. After 20 years you will have a retirement fund that is substantial.
 
Before the age of 40 you should have been thinking of building up a pension. Check your finances for an extra funds that you can spare for your savings. Instead of depositing in the bank you can use that extra money to pay for the monthly premium. After 20 years you will have a retirement fund that is substantial.
If you are lucky and you start paying your pension fund early at forty then you can save up to twenty five years if you work in a public institute since it has increased
 
I think there is not a specific age when the pensions begin in my country. There are various people belonging to different age categories who receive pension in my country.
 
If you have planned out how you want your retirement to be then I believe that you should start saving for your pension immediately when you start receiving income as soon as possible.
 
You should begin your pension savings the very moment you receive or get or collect your appointment letter. Don't wait to start thinking you have all the time in the world to waste before begining to save for your pension
 
Normally, The pension scheme should be started earlier. If you are working in a private company or you are an entrepreneur. You should start your pension program now. This would enable plan for your future after retirement, when your bones are too weak to work.
 
It's better to start investing into a pension fund from age 21 or even if you're an adult as at age 18. So start investing into funds that will cater for your future on time. That's the way to make sure you don't suffer in future.
 
The best time to start planning is now. We should not be waiting for a specific time before we embark on retirement planning. We can do it anytime we are capable of it.
 
I dont think there is any specific stage or age for a person to star a pension fund but I believe when ever a person is reasonable enough and have started working earning little for himself it is expected of him to start preparing for his old age income.
 
What are like about working for the government here is that as soon as you start working the government automatically save the pension for you every month.
 
Begin a pension from the first 5 to 10 working years in an organisation so that you will be able to save more pension before the end of you're working years.
I think that for most companies you are actually given a pension fund from the first day that you start working at the company because it is included in your salary.
 
Pension funds are savings made towards one's retirement, and so it should be something you should have started from the very moment you start work of some permanent nature
 
I don't think the age really matters when it comes to pension.
You can start your pension at any age if you have a good work or business.
The earlier the better, so it is wise to start early
 

Newest Directory Listings

momode
Forums
Clicks
1
Views
7
ABCProxy is cost-effective, ethical residential proxies network!
coderway
Forums
Clicks
3
Views
26
AI digital artwork generator
ExplorerEvan
Forums
5.00 star(s) 1 ratings
Clicks
11
Views
139
Comments
4
Reviews
1
ForumExplorers.com is a free discussion board with topics and conversations for everyone. Camp, chill, and cook s'mores with forum friends. We would love to see you!
Back
Top