Should you start saving to your pension early?

[Niftyyem]

The earlier the better is the case with pensions saving. Those working in the public sector or even private sector that takes pension scheme seriously are quite lucky since they already have the burden taken care of.

 

[GoldenLady]

Its not necessary based on the plan one has. It you are looking to invest money on assets that can pay you over time, you can start saving for pension later and you can even pay more as you get returns from these investments.

 

[CeeJase]

It is not just about saving your pension early but also saving your pension in the right place because most people who saved their pension in a wrong way end up not getting it in the end when they need it.

 

[Skysaint]

The retirement period is not always very welcoming not welcoming so it's best for us to make preparations for it as soon as possible because then it would certainly be too late for that.

 

[Sotherefore]

You cannot start at your youthful days to save money for your retirement, but it is the best for you to use your money now to invest in something or you start up a business that will be able to generate more profits to you in the future , with this you will save and still have a business.

 

[Immilash]

Saving pensions early is very important. You won't suffer yourself much. But it is advisable to invest your pensions not save it. In other to have good returns.

 

[Stnicholaz]

It is very important to start saving your pension from the day your start collecting salary. Even the value of the money depreciate over time due to inflations and other economic factors. The pensioner will still have something to fall back on after retirement.

 

[Toyoabasi]

When it comes to your pension, should you start saving to it as early as possible? Or would it be fine to wait some time before getting one?

What happens to someone who never saves to their pension? Or doesn't even have one?

I think you can start saving your pension when you start working. Most especially if you're working on a long term job.
This would help accumulate enough in a long run.

 

[YERUS]

When it comes to your pension, should you start saving to it as early as possible? Or would it be fine to wait some time before getting one?

What happens to someone who never saves to their pension? Or doesn't even have one?

Why not?
We do not have all the time in the world.
Start your pension fund as soon as possible.
those who never save to their pension or do not even have one, may not have any thing to rely on after retirement.

 

[Wiserr]

it's very important to start saving up early. saving up early will help you gather enough to leave your life. you can decide to start saving even before your pension.

 

[Laurentta]

One should start saving for pension as soon as possible. A little amount goes a long way. I feel does that don't have pension would find it difficult to provide for themselves when they become older and can no longer work.

 

[Robust]

Yes, it is good to save early or invest/ do business with your money before you start depending on pension. It will be a good and great idea to start early.

 

[Nomad]

In my home country, if you work for the government, you do not have to save yourself for your pension as you will be entitled to pension once you retire at the age of 60 or after working for 20 years

 

[Mayox25]

With the pension scheme law in my country it is beyond your control to say you want to personally be saving to your pension fund. The way it works is that your pension fund is deducted from your salary every month by your employer and remitted to your pension fund account with your pension fund administrator.

 

[Toyoabasi]

Why not?
We do not have all the time in the world.
Start your pension fund as soon as possible.
those who never save to their pension or do not even have one, may not have any thing to rely on after retirement.

I think it is 'the earlier, the better' when it comes to saving your pension fund earlier. This would enable you accumulate more over time, you'll get to have enough to fall back to.

 

[greenie]

It's better to start early. You will need a financial advice from expert in the field. Approach trusted pension managers for reviews and views. This will help you decide the premium that suits you . Don't jump on it, as professionals for advice.

 

[Blessedsam60]

Yes, it's very important that you start your pension savings early in life. Working for like two to three years should be enough for one to start making plans for retirement days and you won't regret your life after service.

 

[Sotherefore]

Yes if you have the capacity I think you can start saving as soon as possible because it will be better , with this you still have a lot of things to keep you stable financially after retirement.. pension fund must always be encouraged.

 

[Sincerem]

The importance of a good saving plan cannot be overemphasized and it doesn't matter what you might be saving towards be it a pension plan, an investment or some other business, if you start early you can save up a good sum of money that help towards solving some pressing need In future.

 

[Sotherefore]

If you think you have an extra money to save you should rather invest the money on something like real estate or any other profitable Investment that will last for a long period of time.