How is my pension fund – can anyone comment ?

POSTED BY twostarpkl ON March 9, 2014 6:48 pm COMMENTS (2)

I have just retired at the age of 60. Is investing in pension fund by paying 2 lac annually with a promise to withdraw 1/3 after 5 years and having pension of 8k for ten years n getting balance money then is ok idea. this is for investment as i am already drawing pension. pl answer.

any other better option ?

2 replies on this article “How is my pension fund – can anyone comment ?”

  1. ashalanshu says:

    Dear Twostar, Bad Idea. Please invest the money for growth and to use in future. Not in a pension fund.

    Thanks

    Ashal

  2. Rokhan says:

    It is interesting (also good) that you want to invest after retirement. But please provide more details:

    1) What kind of pension are you getting and how long will it continue. Any other income?
    2) Purpose of withdrawing after 5 years
    3) Purpose of keeping the balance after 5 years
    3) What about after 10 years – get balance money to do what?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today