1
vote
2answers
230 views

How much should a 24 year old contribute to a pension?

Im 24 and going to set up a pension. I don't know how much to contribute. Can anyone give any advice on how much they think I should contribute? My employer doesn't offer any pension benefits and I'm ...
2
votes
1answer
38 views

Extra revenue for retiree receiving a basic public pension

I have an online blog that I don't use. It generates some money through ads but not enough for me to spend time on it. My mother wants to take the blog and maintain/update it herself and receive the ...
1
vote
1answer
84 views

Undestanding the new UK Pension laws

I have this scenario and I am having problems understanding how this scenario fits into the upcoming pension laws (mentioned in the latest budget). A man who is 66 now and 67 on the 8.11.14 has ...
4
votes
1answer
2k views

What does it mean if my firm's retirement pension (not 401K) plan is incrementally vested?

I'm beginning work at a firm with an incrementally vested retirement pension (not 401K) plan that is incrementally vested for 20% for each of the first five years. After five years, I'm 100% vested. ...
2
votes
2answers
75 views

Estimated Value of staying in pension vs withdrawing

My wife is changing jobs, from city government into the private sector. She isn't fully vested on her pension, but has a couple options and I'm not sure about how to figure out which is best. Here's ...
6
votes
1answer
222 views

Can already-retired immigrants get Social Security or other payments from the U.S. government?

My parents are 83+, and became U.S. citizens back in 2001. They were born as Indian citizens. They moved to the USA after they retired in India. Will they be entitled to receive any monthly payments ...
6
votes
1answer
206 views

Can I still claim my Hong Kong-based MPF pension if I move elsewhere?

I am 60 year old and I will not be living in hong kong in the future, would I still be able to claim back my mpf?
5
votes
3answers
241 views

Is there a rule of thumb for how much to save into your pension for retirement?

Pension sites often quote "Use our pension calculator to estimate the amount of pension income you could get when you retire. This will help you decide how much you need to save to get the retirement ...
4
votes
1answer
152 views

DIY retirement savings plans for Canadian small business?

I work for a small business that currently offers no retirement plan. A few of my coworkers and I are more or less couch potato investors, but we each manage our own self-directed RRSPs or mutual fund ...
4
votes
1answer
247 views

Wandering EU worker: Pension / retirement fund if working in multiple countries?

I am European, always worked in Europe in many different countries, and I have pension funds scattered around all the old continent. The EU legal system does not allow pension fund transfer among ...
6
votes
1answer
115 views

What is the best option for recent employee setting up a pension (UK)?

I have been a sole trader for a while and recently been employed full time, as part of the deal I have been promised an employer contribution pension but it is up to me to decide what to do. What are ...
12
votes
3answers
983 views

Pensions, why bother?

Ok this question is going to show my age, but its something I've been thinking about for a while and can't quite figure it out Why bother with a pension? I don't understand, why should I put away ...