How will you spend your pension

[joy101]

I will like use my pension and invest into business, I know pension is not that much but one can start somewhere with it, it is but advisable I can start somewhere with it no matter how small it will be I will like to invest into potential business.

 

[Nicklas22]

I will buy a land and try to be building a house and and also invest in small business which can be fetching me extra money
Sometimes pension can be small but this is what I will try to do

 

[HIFSA LAHORI]

I don't have any pension but I can share my mother's pension story with you. My mother saved her and my father's coming pension and built a house for us. Conducted our studys. Also covered household expenses and other expenses. My mother is a sensible woman. She managed the upcoming pension very well and is still doing so

 

[enochfolorunso]

The best way to spend your pension money is to find another business and invest on it, find another source of income then Make money in a new way so you won't become a liability

 

[Abbas ali]

I will use my pension according to the money give to me.if it is great amount then I start business and give jobs to needy and poor . If it small then I think what can I do.
Do you think?

 

[Muhammad Hammad]

Pension is the assets of whole life. So firstly i will plan to use it how i can utilize it proper place and earn more and grow my business. I also use it my family support...

 

[Abbas ali]

The best way to spend your pension money is to find another business and invest on it, find another source of income then Make money in a new way so you won't become a liability

 

[Me0w]

i would use my pension for those little things that i want to buy when i have lot of my priorities. i belive pension is a reward for you when you cant capable to do a work. i would use also some of my oension to share to those who in needs.

 

[shakky2]

when i get to be bridge,it will surely be crossed but there has been some plannings on ground as to how i will organize myself.i will make sure i invest as much as possible in business within my reach and my capacity that van always fetch me some income to take good care of myself.lucrative business to be precise

 

[Dubai]

Well my plans will be to buy a big Hilux, travel around the world, meet new faces and make new friends, date a Brazilian lady. Invest in real estate, open a car business.

How would you spend yours.

The amount you receive as Pension funds will play a huge time on how you spend your money. I will simply use 20% of the money for charity while I spend 50% on my self either in terms of family development or business. The remaining 30% will be for day to day household needs. Pension money should also be spent wisely like the ones received before pension.

 

[Kiko]

I will use my pension to one of my dreams to have my restaurant. I know my retirement is not that much, but one can start somewhere with it. And some of it I'll use to support my family.

 

[Adetayo100]

I will withdrawing some or all of my pension pot as a cash lump sum. Then i investing part or all of my pension onto the stock market (income drawdown or a mix of these options, depending on the size of my pension pot.

 

[moonlight]

I want us to realize the pension isn't a big amount of money. It is only published in piece-meal. A wise approach to investing your pension is to apply it prior to retirement to your already established company. Retirement needs to be used judiciously.

 

[Mawome]

I will open a big supermarket and employ some people that will run it, I will also buy some cars and register them in a transportation company, hire some men that can take care of it, my weekly returns Is assured, lastly I will invest on Bitcoin and Bitcoin black, if I can achieve all of this then my future is assured.

 

[Zubair]

Well my plans will be to buy a big Hilux, travel around the world, meet new faces and make new friends, date a Brazilian lady. Invest in real estate, open a car business.

How would you spend yours.

I don't have such type of plans after pension. I would start my own business to live a happy life because it is necessary to make an alternative after retirement. I couldn't understand how you made that plan in which you have no future plan. I would suggest you change your idea and think about a business.

 

[Adegbindin deborah]

Well as you all know that pension money is not ahuge amount of money l will like to invest part on stock market and but annuity, also l will open bouquet business so that it will give me a enough money to travel to some part of the country to live a comfortable life at my old age.

 

[Lyrrex]

My pension from the government is pretty small that it can only buy me my own meals. It is just fortunate that I have some savings and that my wife is still working so we have no problems with our finances.

 

[Rashid]

All persons and people who work in govt sector or government job holders have a plan how to use its retirement or pension money after retirement, in last 3 4 years of his service. So when i get that money i will invest in some better place as in real estate or invest in online business.

 

[Sanusi]

Its a long-term planning, i would have been planning how am going to spend my pension right from when am still working, its not when i have retired no so during the course i will be looking for a profitable business to do in other to sustain my life when i have retired.

 

[Richmond funke abosede]

You have a number of options for how to access the money in your pension pot. Your options for taking your personal pension are:

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 the these options