How can I manage my pension

[Damscooguns73]

Concerning how to manage a pension. I believe some of the money should be used on a very researched and trusted investment, it wont be nice if one is been duped. You can also save in sum for some upkeep

 

[Nurudeen]

To the best of my knowledge in Investment. The best way to spend your pension is to go into real estate or US stock trading. For the real estate properties, you can use your pension to erect a building and start getting paid for it every year. For stock you can get a stock that pays in dividends because that will be good for your age due to stock Volatility.

 

[christykemi]

Well you can manage your pension in different ways. Firstly monitor your money and think of the business you want to do and the business very well before investing into it.

 

[btaliat]

You can decide to be reviewing your pension in an account that you don't have its atm card to avoid spending it. And when it is enough to start business, you can start with the one you have been saving. That's the only only advice I can think of

 

[BrolySSJ]

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

For pension there should be a percentage of it that is put aside in order to save it just like you do with your salary , so that in the case where in a future month that you are running low or anything like that then you are able to dip into those savings to help you out for the expenses of that month.

 

[Goodday]

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

I think they should always plan how to the money wisely, maybe using it for starting a business will be a good idea. However, if they think they can't use it wisely, then I suggest they should always help the poor and the needy as this is also important.

 

[Kamon c4]

There’re pensions companies that helps create investment plans and also manage the investments for pensioners. It’s best advice to subscribe to such investments plan or better still employ the service of a financial advisor.

 

[Afrinish]

U manage different people and different purpose of the people and different ideas and different situations to another people help u to manage the pesion and different loation and other thing of the program of the different logic and power to add and people help u

 

[Adebayonle7]

Why not save the money for a given time. Like save the pension received in a quarter, or in a year and then invest it. Buy shares and leave it to grow. And then reinvest and reinvest until the time you're ready to either own a business or build a brand or use the money to get any nonliving asset. Cars, houses, and others. Depending on the individual's preference.

 

[Janita]

If you want to manage your pension money so i will say that do invest it in a business or open your own small business where you can sit and see the work as well.
Mostly people open the shops and work there as a part time job which is more suitable as compared to working somewhere else.

 

[joy101]

You can manage your pension by investing your in a good business, take time to plan the kind of business you will invest with your money, so to make a lot of money in future, a pensioners have to plan for investment,

 

[Trexxxy]

Set aside some part of the money for a meaningful and tangible investment, if business is the way,then fine. Also if they feel like they can invest enough to make a business profitable, there are investment firm out there invest with them and make decent returns

 

[Ridorz]

We are not the same and we can not be the same, the way we are planning our will different. If you are collecting a pension like a salary, it can not possible to use it for Investment. If you want to invest pension money on business after retirement you won't need to be taken it as a salary you will rather take it once and use the capital for business.

 

[kayode10]

Pension just like any other money needed to be manage properly. You first saving some portion of your pension for investment. You should desist from spending all your pension on expenses. While you are you some part of your pension, you find one investment and learn about it before you put down your money. This could be real estate, cryptocurency trading, affiliate program ( I have seen older poeple doing it) once you have adequate knowledge about the investment you choose, then you can invest you money into it.

 

[GIFTMICHAEL]

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

Pensioners are really suffering so much simply because they fail to understand that they need understand the language of investment.

Without investment pensioners will suffer for lack of mismanagement of pension fund.

Post automatically merged: Jan 10, 2021

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

Pensioners are really suffering so much simply because they fail to understand that they need understand the language of investment.

Without investment pensioners will suffer for lack of mismanagement of pension fund.

 

[Oloritoks]

If you are receiving your pension monthly, then you will have to cut your spending and avoid a situation that will warrant you spending excessively, if possible you can contact family on which business fits your age.

 

[Sariana23]

If there were no savings in your time and social benefits are not enough, it will be difficult to have a good administration, at least currently in my country. Since it is not enough, if I can afford to buy food and some medicines. But for people who can manage, it would be nice to start a small food or real estate business.

 

[Richard92]

The only best way to manage your pension is buy investing it not to save it. So as a retiree or a pension earner you have invest your pension salary in good business to make and produce forther wealth, because it is better to invest than to save. Some pension earner just save and spend their money,but those with business idea invest their money in good business.

 

[Bilal0087]

The only best way to manage your pension is buy investing it not to save it. So as a retiree or a pension earner you have invest your pension salary in good business to make and produce forther wealth, because it is better to invest than to save. Some pension earner just save and spend their money,but those with business idea invest their money in good business.

There are many ways that you can use for saving your pension, and the best way is to to learn some experience about online trading and then invest your pension to earn huge profit, so that you can utilise your pension and also live a healthy life.

 

[Hassan14]

I have seen people get paid like salary and still have nothing to do with the money, Because they don't have any plan of investing the money or going into a business, and at the end of it all they don't have any achievements. What advice do you have for people collecting pension every month.

The best way to manage your pension is to invest in it. You will benefit more from it and beyond that you can build a good business and you will benefit a lot from it and you will be able to earn more money. The best way is to manage your pension.