What are the benefits of investing in a pension fund?

[Suba]

Planning a pension fund investment from an early age is the best step to achieve financial freedom in the future. Pension funds will be used as a source of funds owned when we have reached old age or are no longer productive or actively working, pension funds can be used as passive income.

We don't need large capital to be able to invest early, but we can use methods such as saving that is done regularly, for example every month.

 

[relcap23]

Planning a pension fund investment from an early age is the best step to achieve financial freedom in the future. Pension funds will be used as a source of funds owned when we have reached old age or are no longer productive or actively working, pension funds can be used as passive income.

We don't need large capital to be able to invest early, but we can use methods such as saving that is done regularly, for example every month.

Employees in our country are covered by pension fund whether they work for the government or private sector. Certain percentage is deducted from an employee's salary and employer will also contribute to it.

 

[Suba]

Employees in our country are covered by pension fund whether they work for the government or private sector. Certain percentage is deducted from an employee's salary and employer will also contribute to it.

Many countries have implemented pension fund programs including in my country, both for government employees and private company employees, but what about the pension funds for online USD seekers or freelancers, traders and entrepreneurs, of course they have to seek their own pension funds, especially by way of investment,

 

[relcap23]

Many countries have implemented pension fund programs including in my country, both for government employees and private company employees, but what about the pension funds for online USD seekers or freelancers, traders and entrepreneurs, of course they have to seek their own pension funds, especially by way of investment,

Those not binded by employment contract. have to secure on their own or they can contribute voluntarily. There are payment schedules for voluntary members or self employed individuals.

 

[Suba]

Those not binded by employment contract. have to secure on their own or they can contribute voluntarily. There are payment schedules for voluntary members or self employed individuals.

Those who do not have pension funds saved from either the government or private companies must fend for themselves to get pension funds from investment instruments, so that their old age will be more secure with financial problems.

 

[relcap23]

Those who do not have pension funds saved from either the government or private companies must fend for themselves to get pension funds from investment instruments, so that their old age will be more secure with financial problems.

Unless they have big businesses which can supper them and their family forever like my. previous employer..My previous employer already passed but his family is still enjoying what he had left which.is a business that can sustain them forever even if the family members didn't work.

 

[Suba]

Unless they have big businesses which can supper them and their family forever like my. previous employer..My previous employer already passed but his family is still enjoying what he had left which.is a business that can sustain them forever even if the family members didn't work.

But it's full of risks if they don't manage big companies properly and correctly, because the level of business competition is increasing day by day, so they shouldn't live casually without working.

 

[Stardom22]

It's a good Idea for one to have ever make in their entire lives. Investment in the pension fund is deemed profitable in earning of the residual income in times that you would be unable to work any longer.

 

[relcap23]

But it's full of risks if they don't manage big companies properly and correctly, because the level of business competition is increasing day by day, so they shouldn't live casually without working.

This family lives on passive income.. The business makes money by renting out industrial warehouses. The wife never worked all her life and depended solely on her husband's business.

 

[cherry123]

Yeah you can use this funds to achieve financial freedom in the future. it is a good source of funds owned when we have reached old age and we can use it to live

 

[Suba]

But pension funds do not come by themselves, because we are not employees of the government or private company employees, so we must be prepared from an early age, if more and more pension funds or investments are collected, anxiety will disappear at retirement age.

 

[uptrendfinancialsignal]

Pension fund is a very good investment to try because you're going to make decent amount of money from it.

 

[Stardom22]

The pension fund investment scheme is very profitable in deed. This is because the residual income earned in the future would help one to go on with life even when they retire.

 

[Springtime]

The government here does not provide pension fund to citizens. We do have a Mandatory Provident Scheme. It is a compulsory saving scheme for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund scheme according to their salaries and the period of employment. Residents can withdraw money from the scheme at the age of 65.

 

[Suba]

The government here does not provide pension fund to citizens. We do have a Mandatory Provident Scheme. It is a compulsory saving scheme for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund scheme according to their salaries and the period of employment. Residents can withdraw money from the scheme at the age of 65.

In my country, pension fund schemes like that are mostly implemented by private companies. This pension fund savings is taken when the employee's working period ends, but for civil servants, employees will receive monthly pension payments.