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Good day Redshift,

 

There is no single "correct" answer to your question. Simply put, the "best" pension plan for you would depend on the following factors:

 

1. First, how old are you? When would you like to avail of the pension? How long would you want it to continue?

2. How big a pension would you like? How much can you afford? Will you pay one-time? Annually? Monthly?

3. Do you just want a cash benefit? Or would you like some insurance coverage as well?

4. Lastly, how much risk can you accept? Simply put, the higher your desired payout and the shorter the time to availment, the higher the risks and costs.

 

Once you have answered those questions, then people like Dr. Pepper can give you a better lead as to what is suited. Just remember though that no product is the "best" at everything... It all depends on your particular needs and risk profile.

 

Hope that helps.

 

Carpe Noctem.

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  • 3 months later...
Good day Redshift,

 

There is no single "correct" answer to your question. Simply put, the "best" pension plan for you would depend on the following factors:

 

1. First, how old are you? When would you like to avail of the pension? How long would you want it to continue?

2. How big a pension would you like? How much can you afford? Will you pay one-time? Annually? Monthly?

3. Do you just want a cash benefit? Or would you like some insurance coverage as well?

4. Lastly, how much risk can you accept? Simply put, the higher your desired payout and the shorter the time to availment, the higher the risks and costs.

 

Once you have answered those questions, then people like Dr. Pepper can give you a better lead as to what is suited. Just remember though that no product is the "best" at everything... It all depends on your particular needs and risk profile.

 

Hope that helps.

 

Carpe Noctem.

 

 

hi carpe,

 

i hope you give me a straightforward answer for the following:

 

what best product would you have for me to get the most in the next 5 years if i pay PHP50k for the next 12 mos (total PHP100k)?

 

let me rephrase the question:

 

(Year 2007) 50k/mo x 12mos = _________ (how much would i get in Year 2012)

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hi carpe,

 

i hope you give me a straightforward answer for the following:

 

what best product would you have for me to get the most in the next 5 years if i pay PHP50k for the next 12 mos (total PHP100k)?

 

let me rephrase the question:

 

(Year 2007) 50k/mo x 12mos = _________ (how much would i get in Year 2012)

 

There is no straightforward answer to that question. I know what I would do if I had that kind of income stream but what works for me may not work for you.

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