When asked to a family, what are the financial goals to be achieved or planned? The majority answer says they want to prepare educational funding.
Well, so far many people are more focused on the preparation of children's education fund than any other preparation because it is considered the education fund needs a huge cost. And when asked to the Financial Planner Professional in America, which must be prepared in advance, the answer is the Pension Fund.
Why? Because When you retire you can not borrow anymore for your pension because you have no income, well long tuh.
Okay, so if so what should you do and what kind of preparation for your pension fund can be right? Let us discuss in the article below.
1.Start From Now
In every talk show and seminar, the most frequently asked question is, "When should I prepare for my retirement fund? And my answer is always the same and consistent, "from the first time you get the first salary."
Yes, if you have been working for years and even decades and have not yet prepared the Pension Fund, it means that you are too late, and must start from now. Why? Because the money you place on your pension fund investment account still has time to grow through investment products.
So remember yes, do it now, not tomorrow, not next week, nor wait for a bonus or a raise, or even wait for next year. Do it now, period.
2. Never Melt Your Pension Fund Faster
Many interesting offers that make you think to melt alias take your pension funds faster. This jeopardizes your pension fund.
Why? First you've worked hard to invest your money so far, while when your money is withdrawn then the money can not grow again. Secondly, when you withdraw your funds early before the age of your withdrawal will be recognized penalty, and usually large.
In addition to your penalty will also be taxed large enough to withdraw funds at this time. When all the losses are added up, it will be so great that withdrawing funds early is not a good solution.
3. Put Money Can Money
Many people must be confused with the above sentence. When it is noted that some pension funds, especially those who use the Financial Institution Pension Fund (DPLK) that deducts the monthly salary of employees, usually the company provides incentives in the form of placement of funds on the employee account amount of funds placed (cut) by employees.
Suppose employees earn Rp 5 million, ask for a cut of 10% then the salary will be deducted by Rp 500 thousand, well the company will add Rp 500 thousand also to the employee's account. In other words, when you put your money, you will automatically earn money as well. Or you can see that your money instantly "grows 100%" when you deposit into your pension account.
4. As your Salary Increases, Pension Fund Dues Must Also Rise
Many people when not yet have savings and asked when will want to nabung, the answer is later if there is already more money or if it has risen salaries. Well, this is also true with pension funds.
Every time you get a raise whether due to a regular increase every year, or due to achievement or due to an increase in position, it is advisable to raise pension contributions as well as the percentage of your salary increase.