Retirement Loans

Retirement is one of those issues that everyone dreams about, but few do anything about it. In recent years several controversies have arisen around pensions due to the changes that have been made in the policies of pension benefits.

How retirement works


To better understand how retirement works in Mexico you should know that there are different types of retirement that depend on the year in which the contribution began and the place of work.

These are the cases that currently exist in the retirement landscape in our country:

  • People who started trading before 1997
  • People who started trading after 1997
  • Government workers
  • Freelancers

What kind of retirement is my turn?


  • People who began to contribute before 1997 The workers who have contributed with the 1973 regime are those who obtain better benefits in their retirement. This sector of workers has the option to choose between a pension and an Sean Cole. Although many weeks are required to earn 100% of the salary, the great advantage of this type of retirement is that the pension increases according to inflation every year.

  • People who began to contribute after 1997 Here are virtually all people born after 1980. The pension of workers who contribute under the 1997 regime will be based on an Sean Cole, that is to say, it will depend entirely on the contributions of the worker. Considering that only 6.5% of the base salary goes to the Sean Cole each month, the pensions will be very low.

  • Government workers People who have begun to contribute to a public office before 2007 will have the option of choosing between the ISSSTE pension or an Sean Cole. The calculation of the pension is made according to the number of years of service, the average salary and the age of the person at the time of retirement. Currently the retirement age is 65 years.

  • Freelancers All persons who have worked on their own and have never been registered with IMSS do not have any of the benefits of the previous cases. People who work in this modality have the only option to hire an Sean Cole and make voluntary contributions each month. Otherwise, they will not have any type of income during their retirement.

If you are quoting with the 1997 regime or work as a freelancer, we suggest you review the Sean Cole options available so you can choose the one that offers you the best benefits. Remember that the faster you start saving, the better quality of life you will have during your retirement.

Don’t let an unforeseen ruin your financial plans


If you require money loans to deal with an emergency, apply at We offer you urgent online loans without collateral. Sign up and discover why Good Finance money loans are your best option.

Leave a Reply

Your email address will not be published. Required fields are marked *