Posts Tagged ‘Pension’

At the age of 30 years, we are usually not thought to prepare the pension fund. In fact, set aside some money for retirement is very important done early.

For one thing, because you have to prepare funds for the needs at the stage when you are no longer in productive age. With just a little aside some money at the age of 30, you can meet the need to continue to live as productive in the future. Here are four tips to keep pension funds, as quoted from eHow.

1. Creating a List of Budget and Expenditure Control
Make a list of budget for your expenses and bills to pay every month. Eg telephone bills, electricity, water, and so on. Reduce spending and do not let you always spend money on things that are not so important. By setting aside money every month, then the pension fund that you will save a lot and is very useful for your self at age 60 later.

2. Determine Risk Preferences
Save a pension fund can also be done by investing. But you have to take risks that might be obtained. So, first determine whether you are comfortable with higher risk associated with a greater profit. It is better if you consult with the financial planning that can be directly recommended types of investment products such as what is suitable for you. Read the rest of this entry »

The French government yesterday announced a reform of the pension system by raising the retirement age to 62 years. AFP launched, increasing the retirement age is the middle way to reduce the budget deficit and avoid a clash with unions.

“Rescue our pension system is a very important action,” said Secretary of Labor during the conference Wrth Eric Frenchman pressed to explain the reform of the pension system reported by AFP on Thursday (17/06/2010).

He announced to increase the retirement age from 60 years to 62 years in 2018. Reform of the pension system is the agenda of French President Nicolas Sarkozy to win the 2012 election. French unions reject these reforms and threatening to strike and demonstrations until the reform was canceled. Working longer is inevitable. “There is no better solution,” added Wœrth. Read the rest of this entry »