How to spend your pension wisely.

[Robust]

The only way one can regulate the way he spend his pension to spend it wisely well is by making plans and reducing his or her budget and also trying to invest his or her money will help.

 

[Sincerem]

The only way one can regulate the way he spend his pension to spend it wisely well is by making plans and reducing his or her budget and also trying to invest his or her money will help.

Investment is definitely the best way nowadays but if people with pension are not interested in investment then you can make arrangement to start a profitable business . This is one of the ways the money could be used widely

 

[Robust]

Investment is definitely the best way nowadays but if people with pension are not interested in investment then you can make arrangement to start a profitable business . This is one of the ways the money could be used widely

Yeah if you're really benefiting from pension is good that you do investment or business aside that I don't think whether there is any way one can spend his pension wisely.

 

[Lynaia]

It depends on who you are and what you have on ground before your pension comes in. You don't have to copy anybody because what's working for Mr A might not work for Mr B

 

[Sincerem]

Yeah if you're really benefiting from pension is good that you do investment or business aside that I don't think whether there is any way one can spend his pension wisely.

Yes , apart from those two there is no other things that can be done with pension, there are different type of investment and there are different type of business that can be established too. Real estate is the most preferred one for me.

 

[Robust]

Yes , apart from those two there is no other things that can be done with pension, there are different type of investment and there are different type of business that can be established too. Real estate is the most preferred one for me.

Yeah I accept that real estate investment is the most preferable one to do because I don't think only using your pension will be okay for you to start a real estate investment.

 

[Sincerem]

Yeah I accept that real estate investment is the most preferable one to do because I don't think only using your pension will be okay for you to start a real estate investment.

I believe it will be ok to some point but it depends on the location you are interested to start up this real estate business that will determine. As we all understand , location plays a very important factors here.

 

[Genie01]

spending pension wisely is one of the key to a healthy lifestyle and this can be achieved by being resourceful and entreprising as it makes you achieve more and develop yourself so that all will be balanced even when you are out of service

Living in financial constraints has a knock-on effect to your health as a pensioneer.
That is why it is wise to spend you pension according to plan

 

[frederick_9]

• take some or all of your pension pot as a cash lump sum, no matter what size it is
• buy an annuity - you can take a cash lump sum too
• take money directly from the pension fund, and leave the rest invested (income drawdown) - there won't be any restrictions for how much you can take
• a mix of these options

 

[tyrim88]

Pensions are very useful in government sectors.
Consider what you have, what you need, and what you are doing. It could be selling a big house and moving into a senior retirement community, selling an extra car or selling your designer clothes and handbags. Save your earnings.

Though the pension one usually receive is a fractional percentage of your last salary in the organization,one will need to invest into something that he is so passionate about, because that is where creativity will come from.