Young people: Young people have more time to work and earn money before retirement, so they can save more pensions in a wider range of time, invest for a longer time and get more interest returns.
Self-employed or people who have not participated in endowment insurance: Self-employed or people who have not participated in endowment insurance cannot get pension from the company or the government. Personal pension is a good choice because it can guarantee their basic needs after retirement.
People with high risk tolerance: people with high risk tolerance can often accept greater investment risks in order to obtain higher returns. Therefore, they can choose stocks and funds with relatively high investment risks, so that individual pension accounts can get more returns through compound interest and capital appreciation.
People with higher income: People with higher income can choose to put more funds into personal pension accounts, so that they can have enough funds for their own use after retirement and reduce the financial pressure.
In a word, people who are suitable for investing in personal pension include young people, self-employed people or people who have not joined pension insurance, people with high risk tolerance and people with higher income. Everyone should make a personal pension investment plan according to their actual situation and risk tolerance.