When you become part of the working class, you begin to calculate every bit of your salary as it gets to your account. In your first month you fill all the forms required and then realize that a certain amount of your salary goes to your pension account. Questions start streaming like;

Why do I need a pension account?

Isn’t it for old people?

When do I get this money?

The list is endless but the truth is, although the idea of a pension account might seem complicated, the basic idea is a simple one “SAVE MORE!!”

As time goes on you would realize that the monthly withdrawal from your salary directly to your pension account is for your benefit. After retirement it would make you happy as you smile to the bank every other month, or when the alert gets in. Moving between jobs, would not be tasking if you have a pension account, say it has taken a while to get another job, the savings would come in handy.

Lately, people have had to feed from hand to mouth, as soon as the salary comes in, it leaves faster than it got there. This magic happens monthly. Truth be told, your contribution as well as your employer’s contribution to your pension account is only setting you up for the greater good, see it as an investment.

So rush to the nearest institution and get your pension account ready.