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What's your Plan after Retirement
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[QUOTE="springtech, post: 88015, member: 29282"] Ret Retirement is a surety, i mean it is one very sure even at a certain time in our career, at least we all know we can't continue working for long. It depends on which country, retirement age differ from country to country. In my country Nigeria, the age is either 35 years of active service or a compulsory retirement age of 60 years. Whichever of this comes first becomes your retirement age. Some companies have a very good Human Resource Policy for retirement. By law an employee is supposed to have a pension account with PFA to which he contributes about 7.5% of his monthly salary and the employee contributes same. This they do while the staff is sitll ij service. An employee can transfer his pension account from one company to the other using his PEN number, i.e if i am working with NPA and i have about N2m in my pension account, if i get a better job with Say a bank today, i can still continue to contribute to my pension account which i had with my former employer NPA. Apart from having a pension account, I personally started a plan for my retirement, where i devote a good percentage of my monthly salary to a fund account, which I wouldn't have access to until retirement age. I also have good investment running. Plus offline businesses i manage. All to make sure my retirement doesn't end in premium tears. [/QUOTE]
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