Pension Plans for Retirement (Available for Overseas and Resident Pakistanis) | Wali Khan

by | Mar 21, 2024 | Retirement Pension | 16 comments

Pension Plans for Retirement (Available for Overseas and Resident Pakistanis) | Wali Khan




Roshan pension scheme is launched recently from the government of Pakistan to facilitate the overseas Pakistanis to take part in pension schemes – We shall have a look at these plans and are they really worth it? Watch the full video for details.

Link to Meezan pension fund details:

🌟 1-1 paid session time slot booking 📆 and pricing for 1 hour zoom session: financewithwali@gmail.com
📤 Latest newsletter on how I am doing with my Apple stocks:

———————–
Referral links for GCC based platforms where I invest in:

🏡 Getstake (Get 250 AED):
Refrence video:
🏠 Smartcrowd (Get 250 AED):
Refrence video:
📈 SARWA (Get 50 USD on Invest and Trade platform T&C applies):
Refrence video:
📊 Baraka (Get 25 USD on stocks platform): Referral code: Z9TVDT Download the app:
👨‍💻Invest in yourself by getting Skillshare membership – use the link to get 1 month free trial:
* Terms & Conditions apply for the referral bonus for each platform.
———————–

🌍 Visit the website for updates:
💌 Newsletter:

#personalfinance #retirement #WaliKhan

📺 Other videos you might be interested in:
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
o- Investing In UAE 🇦🇪 Real Estate With Crowd Funding | SmartCrowd | WALI KHAN

o- How is my current US stocks portfolio doing with SARWA?

o- What is crowd funding? and how you can take benefit from SMARTCROWD for buying a property in Dubai

o- Why I use Credit Card & How Much Money I make from it?

o- Dividend paying stocks:

o- 7 Tips for MS Excel for personal finance and productivity:

o- Monthly 100K Passive income sources:

o- Video on EFERT Stock:

See also  TCW CEO Predicts Imminent Recession

o- Video on DCR stock:

o- 😢 2 of my biggest personal finance / investment fails & lessons learnt from them

More videos that you might be interested in:
o- Easy way to identify good stocks without much research | Reading mutual funds report

o- My mutual funds investment over last 3 years:

o- Comparing 2 specific mutual funds in Pakistan:

o- ONE THING TO AVOID WITH YOUR PERSONAL GOLD!!

o- Where to invest in Pakistan? Stocks, Property, Gold? Savings Certificates? Best investment returns?

o- Practical side income ideas that will change your life

o- Where and how to buy gold for investment | Wali Khan

o- How to reduce income tax in Pakistan on salary legally || Wali Khan

o- How I became financially independent as an expat!

o- What is passive income (2 main types) and how can it change your life?

o- My ways to increase returns on passive income!

o- Practical side income ideas that will change your life

I like helping people around in their general productivity & personal finance situations as well as advising on wealth management which includes but not limited to property market in UAE and Pakistan, equity and commodities markets, bonds etc. Moreover, I have a keen interest in YouTube and social media marketing along with video editing and its marketing. I also have a keen interest in world current affairs and politics. Last but not the least I am an APPLE fanboy 🙂

I am open for collaborations in the areas of my expertise from anywhere in the world. Following are my contacts:

🐧 Twitter handle: @wali_2k
📸 Insta handle: @wali_2k
📧 Email: financewithwali@gmail.com
🕺 Tiktok: @wali_2k
💻 Linkedin:
🤷♂️ Facebook: …(read more)

See also  Ideal Retirement Portfolio


LEARN MORE ABOUT: Retirement Pension Plans

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing


Retirement planning is crucial for ensuring financial security in later years, especially in a country like Pakistan where the elderly population is on the rise. One of the key components of retirement planning is investing in a pension plan that provides a regular income during retirement. In this article, we will discuss retirement pension plans for overseas and resident Pakistanis, with a focus on the options available to them.

For overseas Pakistanis, there are several pension plans that they can consider investing in to secure their financial future. One popular option is the Overseas Pakistanis Retirement Savings Scheme (OPRSS), which is aimed at providing a regular income to overseas Pakistanis after they retire. This scheme allows overseas Pakistanis to make monthly contributions towards their retirement fund, which is then managed by a designated fund manager. The fund manager invests the contributions in a diversified portfolio of assets to generate returns for the investor.

Another option for overseas Pakistanis is to invest in a private pension plan offered by a financial institution in their country of residence. Many countries have well-established pension systems that offer tax breaks and other incentives for investing in retirement plans. By taking advantage of these plans, overseas Pakistanis can ensure a comfortable retirement without having to rely solely on their savings or government pension schemes.

For resident Pakistanis, there are also multiple retirement pension plans available to help them save for their future. One popular option is the Voluntary Pension System (VPS), which is a tax-efficient retirement savings scheme that allows individuals to contribute towards their pension fund at their own pace. The contributions made to VPS are tax-deductible, meaning that investors can save on their annual tax bills while building a nest egg for their retirement.

See also  ORPP Ontario Retirement Pension Plan Bridge

Another option for resident Pakistanis is the Employees Old-Age Benefits Institution (EOBI) pension scheme, which is a government-managed program that provides a pension to retired employees who have contributed to the scheme during their working years. The EOBI pension is based on the contributions made by the employee and the length of their service, with higher contributions resulting in a larger pension payout.

In conclusion, retirement pension plans are an essential part of retirement planning for both overseas and resident Pakistanis. By investing in a pension plan, individuals can ensure a steady income during their retirement years and enjoy a comfortable lifestyle without having to worry about financial insecurity. It is important to research and compare different pension plans to find the best option that suits one’s financial goals and needs. Planning for retirement early and starting to invest in a pension plan as soon as possible can greatly benefit individuals in the long run.

Truth about Gold
You May Also Like

16 Comments

  1. @arafatawan7

    I'm 35 year old working in saudi arabia as a driver and I don't understand from where to start and how to start

  2. @RasoolKhan78699

    Alfalah Roshan pension plan ki video banayi

  3. @UmerFarooq-ni8kq

    Sir u r just reading the given text while a major population of our overseas is labours?? How would they understand??

  4. @gulzebkhan2621

    Very high management fees at 1.5% so not worth it as the fees will be eating away at your pot. In the UK any pension fund charging more than 1% we stay away from. Most default employer pension schemes charge under 1% nowadays.

  5. @chtpx9325

    to me you are using alien language

  6. @nazeerahmadsafi2339

    Sir. Meezan takaful plan par aik video banavo takaful ke faieyde keya hai

  7. @Aaftab1

    GSF is gold fund

  8. @Aaftab1

    I have opened a meezan bank pension plan but the contribution mechanism is still very difficult for overseas Pakistanis.

  9. @codewithovi997

    Sir, you are a great inspiration and because of you, i have made my own portfolio on psx. Now i also want to invest in NBP money market fund but i don’t have any local account except RDA. I have tried to open a local account but all in vain. Do you know any way through regarding opening a local bank account without going to pakistan

  10. @robin4197

    Sir is there retirement scheme by bank in UAE or how can we retire in uae ??

  11. @muhammadhaseeb8898

    The revised tax credit is up to a maximum of 20% for mutual fund investment.

  12. @asifm9434

    Yes u r right, No tax rebate for mutual funds/insurance policy. Only pension fund upto 20 percent. Minimum amount is 1000 Rs in Meezan pension. I believe every investor be it oversee pakistani or local should invest in these schemes as part of diversification.
    Blue chip stocks + mutual funds + Pension funds + Property + RDA certificates. Such schemes will support oversee Pakistanis as well as Pakistan in general.

  13. @kaaaah2003

    Not only retirement, one has to plan last WILL, funeral/last rite. We don't take seriously resulting lots of complexity for heirs particularly women in families.

  14. @Hanafimaslak-UK

    Best retirement plan is to invest 5000 a month in 5 good stocks share in pak stock market for next 20 years…

U.S. National Debt

The current U.S. national debt:
$35,350,842,310,771

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size