This lady is out here sourcing golden nuggets for us. So we can be informed and not walk blindly especially when it comes to finances. Glad I found your channel (I'm 21) and I'm already working on building my assets, learning how to manage money, and also retirement. I know it seems absurd for a twenty year old to think of retirement, but I have seen the state in which most people go into retirement. It's miserable, depending in your children and grandchildren to support you. And honestly in my later years, I want to enjoy the fruit of the labour of my youth. Do what I love, enjoy time with my family knowing I'm not burdening them in any way. It's fulfilling. And working with that mentality motivates me to push on. Great job Rina. You're changing a generation
Great insights there but I'd rather have a provident fund or money market to help accumulate that and eventually invest in treasury bills/bonds. That way my family is protected even after my death as long as they are penned down as beneficiaries. Pension funds are also targeting the bills and bonds.
Very interesting. Thanks. If you are interested in joining a pension scheme where do you start to look for one? What should you consider in comparing different pension plans on offer?
Hello there, Kindly get in touch with us at info@octagonafrica.com or reach out directly to joseph.njuguna@octagonafrica.com for wholesome advice and direction on your pension needs. We are happy to help!
this sounds too good...any retiree who has used this hack to tell us how true is this...just to clear the air for the doubting thomases like us who fear anything to do with insurance companies
Nice work... Am learning. But you are talking to those people who are employed or in big businessess. I make a profit of like 25k a month and can contribute 5k per month to the pension. How do I go about it. Am in my 30's .
Dear Mercy, Pension matters require a personal approach as what might work in one case might not be effective in the other. Kindly get in touch with our pension consultants at info@octagonafrica.com or reach out directly to joseph.njuguna@octagonafrica.com for wholesome advice and direction on your pension needs. We are happy to help!
Kindly advise if have changed jobs and therefore I have an old and current pension scheme with different insurance companies. Is it beneficial to merge both or have both amounts in different pension companies? Whereby one is not active and the other is active and wait for retirement. Also, advise upon, retirement will e both insurance companies pay me the monthly amount?
Niko na kiulizo, If want to earn at least 60k monthly at retirement what I am supposed to contribute monthly if I start at 30yrs? and what is the best company to start pension contribution?
If earn now 100k and at retirement, I get 50k is okay since my bills will be reduced i.e. no pension contribution, no school fees payment( getting kids early is important here and having education policy), etc
This lady is out here sourcing golden nuggets for us. So we can be informed and not walk blindly especially when it comes to finances. Glad I found your channel (I'm 21) and I'm already working on building my assets, learning how to manage money, and also retirement. I know it seems absurd for a twenty year old to think of retirement, but I have seen the state in which most people go into retirement. It's miserable, depending in your children and grandchildren to support you. And honestly in my later years, I want to enjoy the fruit of the labour of my youth. Do what I love, enjoy time with my family knowing I'm not burdening them in any way. It's fulfilling. And working with that mentality motivates me to push on.
Great job Rina. You're changing a generation
WOW! This is awesome! The reason why we do this.
@@MoneyWiseWithRinaHicks You surely are.
Whoever married Rina must be a happy man. Very beautiful and intelligent. She looks 24
I agree
We also need to make friends with our family members coz thats who we will be left with once we retire
Thank you so much Mr Joseph for your explanation. It was detailed and indeed practical. Looking forward to beginning my journey into retirement.
I love his brutal honesty,we are keenly following
Great insights there but I'd rather have a provident fund or money market to help accumulate that and eventually invest in treasury bills/bonds. That way my family is protected even after my death as long as they are penned down as beneficiaries. Pension funds are also targeting the bills and bonds.
Rina Hicks i learn alot from your channel
So glad to hear!
Great topic
Very informative
Very interesting. Thanks. If you are interested in joining a pension scheme where do you start to look for one? What should you consider in comparing different pension plans on offer?
Hello there,
Kindly get in touch with us at info@octagonafrica.com or reach out directly to joseph.njuguna@octagonafrica.com for wholesome advice and direction on your pension needs. We are happy to help!
great content. Can you do a segment on saving that is generally not only pension.What are the available ways to effectively save over time
Happy to assist you. Please email us at sema@moneywise.co.ke and someone on our team will take you through the options available.
this sounds too good...any retiree who has used this hack to tell us how true is this...just to clear the air for the doubting thomases like us who fear anything to do with insurance companies
❤❤❤
Thank you!!
You apply who is important
Nice work... Am learning. But you are talking to those people who are employed or in big businessess. I make a profit of like 25k a month and can contribute 5k per month to the pension. How do I go about it. Am in my 30's
.
Lol you said it Rina! Really!?
Which one would you advice one to go with Annuity or Income drawdown
Dear Mercy,
Pension matters require a personal approach as what might work in one case might not be effective in the other. Kindly get in touch with our pension consultants at info@octagonafrica.com or reach out directly to joseph.njuguna@octagonafrica.com for wholesome advice and direction on your pension needs. We are happy to help!
Kindly advise if have changed jobs and therefore I have an old and current pension scheme with different insurance companies. Is it beneficial to merge both or have both amounts in different pension companies? Whereby one is not active and the other is active and wait for retirement. Also, advise upon, retirement will e both insurance companies pay me the monthly amount?
Niko na kiulizo, If want to earn at least 60k monthly at retirement what I am supposed to contribute monthly if I start at 30yrs? and what is the best company to start pension contribution?
Get the Dave Ramsey retirement calculator and input your figures
If earn now 100k and at retirement, I get 50k is okay since my bills will be reduced i.e. no pension contribution, no school fees payment( getting kids early is important here and having education policy), etc
Not good