Middile class's pension plan in Nepal.

Social security from the government side in Nepal unlike other developed countries such as old age pension, social insurance, health security is still as far as dream. The middle class people always worry for their secure future.

This unsecured feeling towards future is the main source of social evils like accumulative unproductive private property like land, buildings, gold etc; corruption and so on. If government can assure the future life of citizens at least in the basic needs like livelihood, education, health and employment majority of citizens do not wish to be corrupt and collect more and more private properties exceeding all limits of greed.

There is a handful group in Nepal called neo-elites consisting the service holder groups in government or non-government sector. Government employees have their pension plan as per government structures though not enough for hand to mouth in the old ages. The main worry lies deep inside the non-government sectors employees about setting up their future that mainly includes livelihood, their individual financial freedom, education and employment of their children, health services etc.

Think with empathy of a project staff of non-government sector employees who have 3-5 years job contract in hand and has long unsecured, probably unemployed life!

Maximum saving when you earn is a basic idea but if and only if you can stick into this. Anyway, whatever you can save, most importantly how you turn your hard earned and painfully saved every rupee into your loyal employee is matters. You loose your capacity top work over the years and your accumulated saved money (your group of employees!) will gradually take over your charge letting you to rest. There is direct correlation between these two sides.

So, no need to say wise investment is the key tool for your pension plan with your hard earn and saved money. It depends how moderate risk taker you are shapes your form of investment. In Nepal, opportunities lies to take chance for getting return ranging from 1-20 percent annually.

Have you ever explored the lucrative returns in Nepal? Obviously the risk and return goes together - we can not ignore it. However, total volume of risk can be managed in various way. Some risk are avoidable, some are transferable, some are manageable and with ample analysis and putting efforts many of them are safely acceptable as well.

I am giving some tips for investment that I think wise but do not claim best one. If you are well earning now but only for clearly short period, think over high interest paying fixed deposits, insurance schemes of you and your families, expand creatively paying jobs like consultancy work that is blend of freedom as well as no investment in hardware.

Really interested? Comment on my thoughts and post your comments. Answer assured.