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How To Save Money Before Your Retirement
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[QUOTE="Alexandoy, post: 66729, member: 25510"] Our only pension here is the government pension which comes from the Social Security System. Workers contribute monthly from their salary and the contribution is matched by the employer. To be qualified for a government pension 120 months of contribution or 10 years not necessarily continuous. Also you have to be at least 60 years old. Since our pension is paltry so I started saving money about 5 years before my retirement year. Instead of making a bigger contribution to the pension plan I just saved that amount in my bank account. When I retired I had a big cash stashed in my bank account and until now I am satisfied that I have money saved instead of just depending on the small pension from the government. [/QUOTE]
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