Want to know sources of income for retirement in? (1)

Did you know that we will have a retirement income from any source.
Social Security

Social Security is one of the compulsory savings here. Because the government force employers and employees to pay into Social Security. This part of the money we send to Social Security will become a source of funds for your retirement is not. If we pay contributions to the fund for 15 years and 55 years of age will receive old age pension of 3,000 baht per month, up from 15,000 baht salary ceiling required by the Fund. If the contribution of more than 15 years, it will be a bonus of 1.5% per year.

Let us pay contributions for 30 years before retiring 15 years or more would be a bonus for a total of 3,375 THB 6,375 baht per month, which is not adjusted by inflation. To learn more, go to the Social Security. I http://www.sso.go.th


The Government Pension Fund

If a public official is a member fund. Will receive a pension = (x average salary over the last 60 months of service) / 50 but not more than 70% of the average salary. Or it could be the last month salary x pension age according to the government official here. To know more details of the pension fund can visit https://www.gpf.or.th it.


Provident Fund

The fund is a savings in the voluntary sector, employers and employees together voluntary contributions. If you start work and earn money to fund this from the age of 25 years by a cumulative 3% of salary, and assuming that the salary is 20,000 baht if the rate of increase of salary, an annual increase of 5% employer contribution to 3% of the fund. yields an average of 4% per year when you were 60 years old, you will have approximately 1.2 million baht to fund it.

Here is a brief preview The calculation of the money it received from the fund. Each company or employer you work with, it might be the norm of accumulated funds. (This is the part of employees) and contributions (of which the employer) that differ in the details. The policy is to take the money and collect contributions to fund it. To invest the dividends Grow up? You need to study the details of your fund too.

Also, if you study the history. The possibility of the fund in further. Can be accessed at http://www.thaipvd.com

This is not just me. For other sources of income for retirement. Follow it to the front To exchange experience on financial planning. I nipapuntalk@hotmail.com

Author Coach Nick Poon Nipa Federation stable CFP® estate owned portfolio pocket book 'Life Changing Wealth Financial Planning' 'a millionaire with financial planning' 'I have known Rich Financial Planning' and 'target rich'.

money.sanook.com

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