Working on retirement financial freedom
By Fredrick Simiyu wamalwa - 2020-05-18 00:20:53 - [General]
Everyone needs to start saving ASAP you get your first paycheck. However, they don't open your eyes on the benefits provided by the scheme like NSSF. It offers you tax relief of up to 20k. If you voluntarily save like 6k per month, you get to pay just 4k and the relief pays for 2k. However, you don't pay the 6k, what you get on your payslip is just 4k. If you can do this for a year, you'll have 72k. With current interest payment of about 7%p.a.compound, you are assured of good return in future where you can retire with dignity and respect. You'll gracefully age without bothering anyone. I hope you start thinking now.
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