How much is their Salary?!

[papi smith]

Malaki din gsis contributions.. kaya malaki din ang pension.

Problem mostly is pag nag loan ka hehe.. madami ang nag loan pero hindi nag babayad kaya ubos din pension

Yup, loans, yan ang problema nila, and some akala makakalusot sila na ma delay ang amortizations dahil hindi naman sila dine deduct. Big mistake, big interest accumulation, hindi maka ahon sa utang, so pag retire lump sum din ang kaltas.

[12vdc]

that's so true.. back sa pinsan kong pulis.. may lump sum pa sya nakuha.. may separate provident fund din yata ang PNP.. and to top it all.. retired at age 55.. ang sarap!

Sa HDMF yta ang provident fund. Pwde na retire 20yrs service, plus 1 rank higher upon retirement kya laki ng pension and lumpsum kung naipon ang leave credits. Kulang padin yan sa taas inflation ngayon, wala aasahan sa social security, better invest on real properties or some stable biz.

[XTO]

meanwhile.. sa private sector.. so.. if you were born 1962.. started working 1982.. and mag re retire ka na this year.. ex.. 50K salary.. eto ang pension mo:



kaya parati ko iniisip.. pag nag retire ba ako.. kasya ba yan sa pagkain at gamot?

pagkain lang and some generic meds. kaya dapat alagaan kung may retirement pay at mag save. imagine sanay ka ng 15 30 may sweldo ka tapos magiging monthly ang liit pa!

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[dr. d]

better invest on real properties or some stable biz.

easy to say,
hard to succeed in.
so, are there guaranteed, all be it not-so-rewarding investments?

[_Qwerty_]

i tried to save more sa Pagibig doc.. last year nasa 10K+ yung dividends na nakuha ko.. if everything goes to plan.. pag nag retire ako.. i should be getting 1.5M there.. plus yung makukuha sa RA 7641 - Retirement Law..

easy to say,
hard to succeed in.
so, are there guaranteed, all be it not-so-rewarding investments?

[dr. d]

i tried to save more sa Pagibig doc.. last year nasa 10K+ yung dividends na nakuha ko.. if everything goes to plan.. pag nag retire ako.. i should be getting 1.5M there.. plus yung makukuha sa RA 7641 - Retirement Law..

good for you!

but...
when it comes to investing,
are you the norm?
or are you the exception?

how many folks know, where to put their hard-earned money?

[Deestone]

good for you!

but...
when it comes to investing,
are you the norm?
or are you the exception?

how many folks know, where to put their hard-earned money?

How about investing in sunlife with VUL they have a projection that you will get this certain amount at this age and it's huge

[dr. d]

How about investing in sunlife with VUL they have a projection that you will get this certain amount at this age and it's huge

how guaranteed is it, kaya?
the projections may refer to the optimistic side of the venture.
but "what's the worst-case scenario?"

[_Qwerty_]

I wonder how they came up with this..

2022 figures daw to..

[dr. d]

I wonder how they came up with this..

2022 figures daw to..

it's probably a 2022 projection, based on figures of previous years'.

[Deestone]

I wonder how they came up with this..

2022 figures daw to..

I have to stare for 5mins more to get and analyze the data i dont get it at first hehe

[_Qwerty_]

yes, but from where? their online survey? eh wala naman nagsasabi nang totoong salary nila sa mga surveys..

it's probably a 2022 projection, based on figures of previous years'.

[dr. d]

yes, but from where? their online survey? eh wala naman nagsasabi nang totoong salary nila sa mga surveys..

maybe some survey vendors, employers or employer associations.
one need not get everything. just a glimpse of a cross-section.
maybe even the bir, sans names, of course.

[uls]

ang takeaway ko diyan mas konte pala ngayon ang minimum wage earners compared to the next income bracket

ang nasa isip ko kasi pinakamadami ang minimum wage

[uls]

that's good coz umaasenso na talaga ang pinas

-

that explains the resilient pinoy consumer

kahit mahal ang fuel trapik parin

madami parin tao sa malls

malakas ang new car sales

people are traveling

[papi smith]

i tried to save more sa Pagibig doc.. last year nasa 10K+ yung dividends na nakuha ko.. if everything goes to plan.. pag nag retire ako.. i should be getting 1.5M there.. plus yung makukuha sa RA 7641 - Retirement Law..

Sunod ba ang company nyo sa 50%? Akala ko mga big companies, I assume you're working in one, gives a minimum of 100%.

[papi smith]

How about investing in sunlife with VUL they have a projection that you will get this certain amount at this age and it's huge

They will always entice you with the maximum return projection of 10% when there's data that the stock market in which it is invested in, returns only a max of 8% and then there's the timing of entry and exit and of course, their fees. In my experience, swerte ka na sa 3% per annum.

[_Qwerty_]

100% of what? u mean sa Pag ibig contribution? yung last company ko gave 100% of the employee share for the upper management only.. now yung current company ko.. 100 pesos lang..

Sunod ba ang company nyo sa 50%? Akala ko mga big companies, I assume you're working in one, gives a minimum of 100%.

[_Qwerty_]

so mas malaki pa sa Pagibig.. 6% to 7%.. and tax free..

They will always entice you with the maximum return projection of 10% when there's data that the stock market in which it is invested in, returns only a max of 8% and then there's the timing of entry and exit and of course, their fees. In my experience, swerte ka na sa 3% per annum.

[Deestone]

But you must understand that Pag-Ibig is purely investment while Sunlife got you covered in case of accident or death (knock on wood).