Normal Retirement

Therefore, the families were always keen to have off to secure their retirement years with the exception of the populations who own assets has a sufficient number of children. All measures are recognized as general pensions, which are suitable to keep the previously mentioned standard quality of life after the end of the earning capacity. Traditionally it was a proven issue of family, because always the middle generation each supplied the children, such as the older generation. Therefore, the families were always keen to have off to secure their retirement years with the exception of the populations who own assets has a sufficient number of children. Step forward the industrialization changed from this tradition. The difference between the various layers of the population became increasingly over the years which also resulted in a falling birth rate.

Now there no longer are enough people who can provide a stable retirement through their earning capacity, so people are always previously forced to make arrangements for a pension. Use your savings money to invest in stock funds, in various forms of pensions, as well as life insurance and even real estate. This people want to hedge for their earning capacity in lower living standards to slip because the State is no longer able to pay the pensioners. Because it is not in the State pension insurance to a savings investment, but only to a pay-as-you-go system, the respective pension recipient is not entitled to payment of contributions, he secures a right to participate in the present assets only. In a society, but the population-related pensions grows steadily, as the depositing, can one be certain that this capacity sooner or later will tend towards zero, so it is advisable to protect private from. Only with this private protection, the acquired standards of living can be hold at the age. The text service INH. Oludayo Nicola

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