The economic situation is becoming more and more complicated, which is why in The Truth News We reveal how much you need to save on your afore to obtain a pension of at least 10 thousand pesos per month.
One of the big problems when reaching adulthood or “retirement age” is that the pension ends up being “very little” to be able to retire and many people need to continue working to continue covering their expenses; For this reason, we tell you how much you need to have in your pension to have a pension of at least 10 thousand pesos per month.
What is the afore?
It is important to make voluntary contributions to the Afore
According to the Mexican Government website, Afore “means Retirement Fund Administrator. It is an institution that is in charge of carrying out the administration of funds for the retirement of workers”.
It should be remembered that people who are on the payroll, a part of their salary goes directly to the Afore so that it can be used at the time of old age or when they decide to retire.
However, according to the figures in 2022 from the National Institute of Statistics and Geography (INEGI) are alarming in Mexico, since only 31 percent of the elderly are pensioners and, of that amount, 58 % are men.
How much should I have in my Afore to have a pension of 10 thousand pesos per month?
According to the analysis of various specialists, a worker should have saved 3.6 million pesos to have at least 10,000 pesos a month and, although it is a high amount, remember that you can make voluntary contributions either on the website or in the Afore App, in order to accumulate more capital for your old age.
It must be emphasized in afore You cannot necessarily use it until you retire, since you can apply it before as unemployment insurance or also for marriage.
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