Retirement is good after good active working service. It is a situation in which one would have worked for a number of years. It can be like active 35 years in service or at the clock of 65 years.
It is very sound if one is still very agile in the youthful age to contribute effectively to the work of the employer.
The employer be it Public or private want people in their youthful age to show their dedicated to their organization.
As one is working for the employer, it is very crucial to be preparing ahead for retirement right from youthful age
Having a good savings.
Good savings on a monthly basis as the salary in being paid is very relevant to the preparation for retirement. The savings can be utilized for a very good investment most especially the type of investment that is similar to our course of study or the type of schedule we occupy in our different office.
Government pension scheme.
The pension scheme is a programme designed by either the government or private sector. It is done in such a way that a certain percentage will be contributed by both employee and employer. These fund is expected to be handed over to the employee at retirement.
This will serve as a capital to invest and for investment return to be coming in .
Most times it depends on the policy of the pension fund administrator.
In conclusion it is very important for employees to be having the mind of retiring at the point of getting the employment in the youthful age.
Also to have a good saving habit as well as register for a reliable pension scheme being managed by pension fund administrator with goodwill and integrity.
It is very sound if one is still very agile in the youthful age to contribute effectively to the work of the employer.
The employer be it Public or private want people in their youthful age to show their dedicated to their organization.
As one is working for the employer, it is very crucial to be preparing ahead for retirement right from youthful age
Having a good savings.
Good savings on a monthly basis as the salary in being paid is very relevant to the preparation for retirement. The savings can be utilized for a very good investment most especially the type of investment that is similar to our course of study or the type of schedule we occupy in our different office.
Government pension scheme.
The pension scheme is a programme designed by either the government or private sector. It is done in such a way that a certain percentage will be contributed by both employee and employer. These fund is expected to be handed over to the employee at retirement.
This will serve as a capital to invest and for investment return to be coming in .
Most times it depends on the policy of the pension fund administrator.
In conclusion it is very important for employees to be having the mind of retiring at the point of getting the employment in the youthful age.
Also to have a good saving habit as well as register for a reliable pension scheme being managed by pension fund administrator with goodwill and integrity.
