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Retirement
What To Do When You Receive A Low Pension Amount?
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[QUOTE="Caramelle, post: 209539, member: 150"] [JUSTIFY]Social security does provide the pension based on an individual's salary-based contributions. In our country, besides the pension, an employee is also entitled to a retirement bonus at age 60 when he/she has spent at least 10 years with a company. These things add up to the retirement bounty but we do know that retirement brings with it health issues that retirees have to contend with. Thus, it is always said that the pension is never enough. The ideal situation is to create passive streams of income from a diversified portfolio prior to retirement. Sadly, this is easier said than done as many of us get sidetracked by responsibilities that come with our roles as parents, spouses, or as a child of aging parents. Failing to invest in reliable sources of passive income will likely force us to work well into our twilight years or be dependent on the good graces of our children or relatives. [/JUSTIFY] [/QUOTE]
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What To Do When You Receive A Low Pension Amount?
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