If your personal finances give you to save money, every month and you have become aware of the need to save for retirement. I will try to help you choose the best pension plan to complement your spending needs in the retirement stage. I will save you long arguments that you probably already know about pension plans. Just let me remind you something. There are fewer and fewer births and young people are quoting for lower wages.
The structure of the population pyramid makes it impossible for the public pension system to sustain itself. You cannot continue trusting dad for retirement status. I’m not telling you to advertise private pension plans. I think it is easy to understand. You need to start saving for retirement as soon as possible, if you do not want to have a bad time when you are an elder.
I want to help you make a decision, as you would with one of my best friends. I’ve been in this for many years and I’m going to tell you everything you need to know which pension plan to choose. As in the field and agriculture there are certain months in which the grapes, strawberries or oranges are harvested to give some examples, in almost all commercial banks, the last two months of the year, is the season of plans of pensions. To give you an idea, almost two-thirds of contributions to pension plans made at this time.
The selling capacity of the still extensive commercial networks of banks is brutal. Like any product, they offer in the campaign, they shoot everything that moves. You will see that also at this time, there is a wild competition to attract the savings for retirement that you have in another place, in exchange for gifts or other economic incentives. With this scenario, you can imagine that the commercial of your bank of life. Probably will not offer what is best for you to save for your retirement, but what is most interesting to the bank at that time. The pension plans are tremendously profitable for banks and usually a tool that ties and binds customers.
The best pension plan is the one that gives me more profitability in proportion to the maximum risk I am willing to bear. The truth is that the profitability of the vast majority of commercial banking pension plans is quite bad, if not very bad. Since they do not even make it better of the index or market, with which they compare. That is to say, they charge a lot and do not add anything of value, which makes it almost impossible for them to be able to beat their reference indexes or inflation in many cases.