Planning for retirement using pension plans | Wali Khan

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  • Опубліковано 29 вер 2024

КОМЕНТАРІ • 48

  • @WaliKhan_2k
    @WaliKhan_2k  2 роки тому +1

    Keep yourself updated for personal finance & productivity related content by subscribing the newsletter ✉:
    wali.substack.com/

  • @Owaismh54
    @Owaismh54 2 роки тому

    Great efforts! Mashallah

  • @asifm9434
    @asifm9434 2 роки тому +4

    I am investing parallel every month (SIP) in both almeezan mutual and pension fund (high volatility). It gives me tax benefit. Due to liquidity issue of pension fund before 60, i consider investing more in mutual fund than pension fund. But over some years, i am happy my pension fund portfolio is building good. Patience :) thanks for the video

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому +2

      Patience is the key. And yes, mutual funds + pension funds combination is best for resident Pakistanis for tax benefits.

    • @asifm9434
      @asifm9434 2 роки тому +1

      @@WaliKhan_2k yes but unfortunately many people are still not aware of these investments avenues.

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому +2

      @@asifm9434 and until masses don’t realize, the growth in investment will not be the way it should be. Indians on the other hand are much educated in this domain.

    • @asifm9434
      @asifm9434 2 роки тому +1

      @@WaliKhan_2k yes but i am hopeful that with the power of internet/youtube videos, things may change in future

    • @zubairrahim1886
      @zubairrahim1886 2 роки тому +1

      Hi Asif, thanks for sharing your experience. I read about Al meeaz and al Ameen Retirement Fund they are offering Free Takful after meeting some easy eligibility criteria. Do you know about what is onground reality of that?

  • @RasheedKhan-cm1my
    @RasheedKhan-cm1my 2 роки тому +2

    thanks for making these videos. really informative. 👍

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      Thanks for the comment.
      Glad to hear that.
      Please do spread the word :-)

  • @GlobalVillager-px3fw
    @GlobalVillager-px3fw 11 місяців тому

    min 16:00 "minimize stock exposure over 50".
    Brother... anything else than stock is haram due to interest nature of the returns. Islam prefers trading, and if cannot, then participate via owning company stock. So do you want to have Haram income as if you are by end of life when there are such hard warnings on "riba" or interest.
    Best option are stock based mutual fund (MF) or better Exchange Traded Funds (ETF) if those are offered. Ironically, stocks have highest overall rate of return spread over long time with potential yearly fluctuation. MF or ETF spread the risk. MF has higher admin fees while ETF have minimal. The key is to diversify and doing your homework. My research is based on US.

  • @inamkalas
    @inamkalas 2 роки тому

    Apki vedio dekhne k bad yaqeen karen koi smj ni aa rahi fund me investment karun ya na karun...ap han b karty ho na b karty ho aur agr magar boht karty ho...kya ap seedi bat ni kar skty itna ap ye kr lo wo kr lo ese kar lo wese kar lo
    Not offensive
    Just need clear information instead of your opinions

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому +1

      I understand your comment - actually this video was made from a perspective of overseas Pakistani - For them, I would suggest to go for mutual funds as they dont have any tax benefit out of it. It entirely depends on your investment strategy.

  • @Aamir-i9z
    @Aamir-i9z 4 місяці тому

    Assalamwaliykum sir kia govt employee pansion fund Mai invest karay tou is ki actual pansion tou effect nai ho gi

  • @khmdflahore
    @khmdflahore 3 роки тому +2

    nice video but can you make video other alternate pension funds where we invest?

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому +1

      If you are based in Pakistan - pension plans are not bad as they will give you tax break. You need to contact your HR and the pension fund itself to take the benefit of this.
      Apart from this, you need to have more exposure to equity market and other funds depending on how long you want to keep invested.

    • @khmdflahore
      @khmdflahore 2 роки тому

      @@WaliKhan_2k Thanks bro. i'm living in KSA so i want to make a pension fund myself , i have meezan account when i applied for this fund they aren't accepting because it's not available for Overseas even i asked by Email. So i asked to you please tell any other options like that. Jazaq Allah Khair

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      @@khmdflahore I heard they are not accepting in Meezan - Have you tried MCB Arif Habib? Or else better to keep Mutual funs if not possible there as well.

  • @hunaynhafeez5634
    @hunaynhafeez5634 Рік тому

    hi, your videos are ok but dont stretch it too much. you could have said the same thing in 5 mins.

  • @mukhtarrizvi5126
    @mukhtarrizvi5126 Рік тому

    Salam
    Please make a new video on retirement plan pension plans etc. I'm 42 year old now i am thing after your video about retirement plan.

  • @sadafhafeez7993
    @sadafhafeez7993 2 роки тому +1

    it's a very informative video. Thankyou so Much. I'm weighing pros n cons of investing in a mutual fund/pension fund for 2 years without any action primarily because of lack of information. Could you please guide me which bank's pension/mutual funds are best in Pakistan?And minimum what percentage of income should go to such fund?
    I love the part about not having funds for wedding, bachay khud bandobast keren. (Y)

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      Thanks for your comment :-)
      There are multiple funds that you can invest in - I would suggest to start with any renowned fund and eventually keep on learning and investing on regular basis for initial 3-4 months. You will understand how things work and might also start investing directly in stock once you understand mutual funds.
      One question, how much %age to be invested - it depends on multiple factors which I can answer in Q&A session if you send me full details.

    • @sadafhafeez7993
      @sadafhafeez7993 2 роки тому

      @@WaliKhan_2k Thankyou for replying. So we live in Pakistan and as a couple earn 200k/month, 80k goes to housebuilding committee every month ; Monthly expenditure is 80k max and 40k is surplus every month.I want to invest in pension fund as a priority (we are both in early 30s).And a mutual fund if advisable.

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому +1

      @@sadafhafeez7993 I would suggest you to go for half of your saving per month for each partner to go towards mutual funds and half towards pension fund. You need to consult your HR for the tax benefit that you must look for in this scenario as that is very important.
      For mutual fund - you can start with any big name like AKD or MCB. I cannot recommend directly, but I am using the above mentioned and kind of satisfied so far (although I would move towards direct investing in stocks soon) - But mutual + pension funds are very good instrument for tax savings.

    • @sadafhafeez7993
      @sadafhafeez7993 2 роки тому

      @@WaliKhan_2k Thankyou so much, your info has given me incentive to explore these options again. Otherwise people discourage you alot that banks schemes me kuch nahi milta, maturity pe tax kaat kr baqi kch nai bachta etc. Thankyou again.

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      @@sadafhafeez7993 Just stay away from insurance and bancassurance schemes. Mutual funds and pension funds are mostly fine. Also don't get involved in life insurance coupled with investment schemes.

  • @quranicmeditaiton3939
    @quranicmeditaiton3939 2 роки тому

    I think you're forgot to mention the main advantage of pension fund is the Free Takaful Cover - Free of cost Takaful protection for Natural Death, Accidental Death, Permanent Total Disability and Accidental Medical Expenses upto Rs. 5 Million. 👍

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      Thanks for reminding me for this - Although the life insurance wont cost much, but if someone is going for pension fund - they would get it for free. You are right :)

  • @sherryseharsonu
    @sherryseharsonu 3 роки тому +1

    Thanks brother 👍

  • @aamirmaqsood9746
    @aamirmaqsood9746 2 роки тому

    Sir Meezan ETF per comprehensive video banaen k how to purchase it and analysis with respect to future of mutual funds, pension funds, stocks etc

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      Noted :)
      Recently I made a relevant video on ETFs vs mutual funds.
      ua-cam.com/video/2pX4mMBRDZ4/v-deo.html
      Also, I made another video on JS momentum ETF
      ua-cam.com/video/zrgqj3H_lus/v-deo.html

    • @aamirmaqsood9746
      @aamirmaqsood9746 2 роки тому

      Yeah I watched those videos but not as comprehensive as I expect like analysis and how to do what

    • @WaliKhan_2k
      @WaliKhan_2k  2 роки тому

      @@aamirmaqsood9746 ok, done. Will try to make soon.

  • @DaniyalKhan7
    @DaniyalKhan7 3 роки тому

    How sukuk works?
    How suitable are fixed income funds for investment horizon of 2 years?

    • @WaliKhan_2k
      @WaliKhan_2k  3 роки тому

      fixed income funds are good for short term if they have a certain element of equity as well. However, 2 years, I would still consider safest moderate returns which are only available in national savings.
      It depends on your end goal - you might consider USD for some part as well.

    • @DaniyalKhan7
      @DaniyalKhan7 3 роки тому

      @@WaliKhan_2k national savings is not an option for me. I refrain from intetest based products.

    • @WaliKhan_2k
      @WaliKhan_2k  3 роки тому

      @@DaniyalKhan7 what’s your end goal after 2 years?

    • @DaniyalKhan7
      @DaniyalKhan7 3 роки тому

      @@WaliKhan_2k my wedding and shifting into a bigger home.

  • @shahid5577
    @shahid5577 3 роки тому

    Waiting for Emergency fund video