₦airaland Forum

ojesymsym:
Why so? He is very correct. Not everybody stays in Lagos, Port Harcourt and Abuja.

emmanuelewumi:
So funny, the only way the middle class think you can get income is solely by having a 9 to 5 job. What happens to enterpreneurship, small businesses, part time job of 15 hours to 20 hours per week, working from home, investments, passive income etc.

emmanuelewumi:
I will choose programmed withdrawal. The assets in the Retirement Savings Account will appreciate over the next 20 years, that will automatically increase my monthly payout to adjust with the performance of the fund

emmanuelewumi:
A worker who retired after working for 30 years with N50 million in his Retirement Savings Account, and opted for 25% of the fund to pay to him as a lump sum, when used the remaining 75% of the fund to buy a 20 years annuity at 10%.


The lump sum at retirement will be N12.5 million.

The Remaining N37.5 Million will be used to buy an annuity.

Using an annuity calculator, the retiree will earn 359k for 20 years. Which is not bad. He can reinvest 10% of the monthly payment to cushion the effects of inflation


But workers want to be paid the full N50 million at retirement, it can't work

emmanuelewumi:
I will rather go with the first option

emmanuelewumi:
I will choose programmed withdrawal. The assets in the Retirement Savings Account will appreciate over the next 20 years, that will automatically increase my monthly payout to adjust with the performance of the fund

Lazyyouth4u:
You don’t need to be ‘rich’ or ‘wealthy’ to have a comfortable retirement.

A man and his wife (in good health) wey get decent house for village (assuming they have grown up children that are not depending on them for money) don’t need more than 100k to 200k monthly to live a decent life. With like N20m to N50m in correct bonds at retirement, they are good to go

A very frugal retiree can even ‘survive’ on 50k per month in a ‘village’ where life is very simple. This person will need much less than N20m. This is really pushing it sha but wetin common man go do na

emmanuelewumi:
All these questions you are asking sef?

How did you get the fund in question?

Your answer will determine the type of reply to give you.

emmanuelewumi:
Landlords now have a clause in their agreements with tenants.

For 3 bedroom apartment, maximum of 8 occupants.

For 2 bedroom apartment, maximum of 5 occupants.

For 1 bedroom apartment, maximum of 3 occupants.

This is to allow effective management of the wear and tear of the property


A man has about 20 units of 1 bedroom apartment at Jibowu and Yaba axis. He doesn't give his house to married couples, married tenants are expected to move out. The maximum occupants in his apartments are 2

yetunsbay:
At this juncture, I give up. If dem like make them pay and otherwise

Maro4u:
pls I need help it's Friday and my pension fund has been debited the amount I applied for as a lump sum, but I didn't get any credit alert any help what's going on?

cchub:
cryptocurrency investors thread.
Lots of young millionaires and professionals there.

https://www.nairaland.com/6318352/crypto-currency-investors-thread

nairacountry:
QuinModah,
Kindly verify mua. Thanks

Jotrade:
Finally offload HCA today after six months i swing when the price was $98. Am still holding THC an UHS

Powerexpert:
Sens is making sense for now. What's your take?
Any hope for Asrt?

Lazyyouth4u:
Do you think those greedy yahoo yahoo pastors believe in God? At the end of the day, all na money making matter. Fortunately for them, their own format na the easiest yahoo method as poor man need to be hopeful to God for a better tomorrow

samguru:
35-45 FOR ME

Grupo:
Yes. The church wants you to become their member and start contributing tithes and offerings to their pastor.

Is that not an agenda?

carsuperman:
Just came online to see worst dip. I am going rekt

phenzy:
Verify my registration please

DenreleDave:
Gerrout

DenreleDave:
yes it's correct

DenreleDave:
All invitees have been approved...


Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.

Here is my invite link:

This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.



Click on my siggy....

DenreleDave:
Yes I av

phenzy:
It’s saying your invite is no longer valid

Millennialaku:
invite is no longer valid

samguru:
JUST BUY