Do you have a pension for your old age?

@maximax8 (31046)
United Kingdom
November 27, 2020 9:00am CST
I am happy that I began paying into a pension last year. I am quite old as I am in my late 40s. I wish I had began my pension when I was a young person. I went to see a mortgage person. I wished to have life insurance during my mortgage. I don't know when it ends. I am going to think it would be in 2 to 3 years that I need to renew it. I have some money in it because I pay it every month. I worry about my friend that lives in banglesh.
7 people like this
8 responses
@LadyDuck (471253)
• Switzerland
27 Nov 20
I already receive my retirement pension and my husband too, the house is paid, we are fine.
1 person likes this
@maximax8 (31046)
• United Kingdom
28 Nov 20
Hello Anna. It is super that you and your husband already receive your retirement pension. It is lovely for your husband. My home is paid off. I managed to pay that off to have more money for my children. I felt successful paying that off. I need to phone Argos as the lost phone turned up. I feel so happy. I believed it was lost. My kids were both excited. Due to covid I think that I might bring xmas early. I need to wait until my little girls xmas one gets here. Today school uniform will arrive. I am so happy. I think that when I get a car for my son as care person I will be so happy.
1 person likes this
@LadyDuck (471253)
• Switzerland
28 Nov 20
@maximax8 Paying to have a pension is compulsory here in Switzerland, I reached retirement age at 66, my husband as 67, I was lucky because they are moving retirement age at 68 for both men and women. I am glad you are planning for Christmas, we will be the two of us this year.
@ZedSmart (19787)
• Philippines
27 Nov 20
It's mandatory here for employers to pay social security for their employees every month. The contribution include the employees and employers shares. A self employed individuals can also made his/her contribution.
1 person likes this
@maximax8 (31046)
• United Kingdom
28 Nov 20
Hello eds. It is great that it is mandatory. I wish it had been in my home country. I decided to change and get a pension in 2019. I would like to have an income of around 20,000 if I reach 67 years old so I am going to speak to my financial adviser. He was very nice and he let me pay his fee in two parts. I am so happy to be on here to discuss this. Thank you.
@snowy22315 (180362)
• United States
27 Nov 20
I have a small retirement account.
1 person likes this
@maximax8 (31046)
• United Kingdom
28 Nov 20
Hello Snowy. I am so pleased to be back on My Lot and you see. It is excellent that you have a small retirement account. I would like to get pensions for my children as one of the things I found out about was compound interest. Think how much money they would have by time they get to my age and your age. I wish to put money into a trust fund ones for them. My son may work with animals and I try so hard to get him to do home schoola lots . My little girl loves Art. I am going to make an art gallery in her bedroom.
@prinzcy (32305)
• Malaysia
27 Nov 20
I have retirement account. It's made compulsory by the government.
1 person likes this
@maximax8 (31046)
• United Kingdom
28 Nov 20
Hello Notlilie. it is lovely that they pay it in Malaysia. It is lovely to see you.
1 person likes this
@NJChicaa (119514)
• United States
27 Nov 20
I've been saving money in a 403(b) account for 18 years now. I also will get a pension from the state through my job.
1 person likes this
@Janet357 (75646)
27 Nov 20
wow, you are all ready for your old age. I only have SSS. But I dont wish to retire by age 60. I am self-employed so I would love to work till I die.
1 person likes this
@maximax8 (31046)
• United Kingdom
28 Nov 20
Hello Simone. I admire you for being your own boss. I wish to open my own too however I would need help to begin. I would love to retire at late 60.
@marguicha (222756)
• Chile
27 Nov 20
I have a small pension, but my house is paid for so I could sell it if needed
1 person likes this
@paigea (36317)
• Canada
14 Feb 21
I have government pension, and a very small pension from work. I have savings and I still work part time. For now, it seems, I gave plenty.