Kenya's current pension law legally permits a member to withdraw up to 50% of the combined value of their own and the employer's contribution plus accrued interest before retirement age due to resignation, job change, or termination.
This 50% cash-out rule creates massive financial vulnerability.
Instead of letting retirement funds compound, many workers treat a job transition as an opportunity to access a cash windfall to fund immediate consumption, pay off short term debts, or finance lifestyle expenses.
The result is fewer millionaire retirees and millions of poor retirees forced to do casual work in old age in order to survive. @pssf_kenya
Man to man
The average milionaire is 57.
Not 21.
The average age to start a business is 43.
Not 23.
The average age to buy a house is 38.
Not 26.
The average age for a career pivot is 39.
Not 25.
Building animpressive physique takes 3 years.
Not 90 days
The average successful business takes 5-10 years.
Not 6 months.
So stop measuring your life against someone else's timeline.
You're not behind. You're still bulding. And you're right on time.
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Excellent Job from Charles Mwaniki of NMG. Grab your copy of business Daily today to read more
Don't lose sleep because relatives are forcing you to marry.
Or your agemates are marrying.
That's their problem.
What should worry you is:
- Do I grow my food?
- Do I own cows & goats?
- Am I saving & investing?
- Do I have a skill?
- Do I have a house?
#BetterTogether
Men,
Respect your parents.
Obey your father,
Honour your mother,
Even if your parents are weird, they are still your parents. โ Respect them.
Do not call them "toxic."
Uttering profanities against parents will lead to your suffering, misery & death.
#MasculinitySaturday
Mad we don't learn about how King Leopold II of Belgium killed over 10 million Black people, Churchill murdered 3 million Indians, British transported 3.1 million Africans during the British Slave Trade, but we know how many wives Henry VIII had. ๐
@MOH_Kenya Murang'a Ct scan was installed quietly without inviting a whole cabinet secretary to launch them ,
A ct scan is a basic requirement for patient's - stop acting like you're doing them a favour
Nigel Mansell: โIโd like Lewis to do it. Lando has got so many years ahead of him. He can do it again. But yeah, I mean, come on, Lewis! Itโs special, youโve done so many things mate. Letโs just finish it off.โ ๐ฅนโค๏ธ