Living on interest

Suba

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Employees, both public and private, will receive a pension, which is generally paid monthly for civil servants, while private employees will be paid all at once when they reach retirement age. but for entrepreneurs must raise money independently and invest in both securities, cryptocurrencies and property.
 

RicAngelo

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My mom prefer saving it, didnt believe in another investment tools, but she has a property so she will be okay by then, and i do not have to worry about her anymore
 

SHAHID987

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Every individual could have their own experience and view but in my view living on only interest start killing an individual. My relatives, some people take the golden handshake in young and all their money is in saving accounts and run their family on it. They all are in the worst condition.
 

Bisolami

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Sep 19, 2022
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Every individual could have their own experience and view but in my view living on only interest start killing an individual. My relatives, some people take the golden handshake in young and all their money is in saving accounts and run their family on it. They all are in the worst condition.
I think this is not the best idea but maybe they felt like it was the best idea for them to make use of
 

Starmix

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How nice life would be during old age or even on early retirement to live on interest. So while still young it's better to invest something and let the money work for you during old age.
 

RicAngelo

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i know you can do it my friend @Bisolami wishing you a tons of luck so you can have enough money to living and saving for the retirement. One day you will be one of the people who living on interest and enjoying life to the fullest
 

RicAngelo

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amen for that @Bisolami back to our topic living on interest is everyone dream, investing money to some stocks or properties and after retirement we can sit back and relax and enjoying the interest every month for the rest of our life, what a wonderful plan
 

Magnus2022

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In Nigeria, pensioners use to protest before they will receive their entitlement. Last few years ago, a group of corrupt government officials steal pension funds and disappear. In my state, government have totally refuse to pay pensioners citing silly reasons. Nigeria is the worst corrupt country in the world.
 

riberet19

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In Nigeria, pensioners use to protest before they will receive their entitlement. Last few years ago, a group of corrupt government officials steal pension funds and disappear. In my state, government have totally refuse to pay pensioners citing silly reasons. Nigeria is the worst corrupt country in the world.
How sad what you say, I guess your pension system failed a long time ago, in the case of my country that does not happen but our pension system almost works as a ponzi scheme where more and more tax collection money is needed to keep it afloat, until it bursts one day and something similar happens.
 
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