Starting A Pension
A good pension scheme is a safety net throughout life. You should therefore think more broadly when you start your retirement savings.
Economic security
A plan to provide economic security, both when you retire, should you become ill or experience an accident. One can say that you will share your system into three parts:
- savings for old age
- insurance if you die
- insurance if your earning capacity reduced
Why should I start early?
Statistics show that approx. 25 out of 100 healthy 30-year either die or lose their ability to work before they turn 60. Most families put their fixed costs to correct the two resources and it may cause financial problems if one income drops or disappears. You must therefore consider:
- what your economy will look like if you set up your plan
- the extent to which you want to ensure your family if you die.
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