Best Afores in October for those born between 1970 and 1974

Have you ever calculated how much you will receive in pension? Many people tend to leave this important issue for later but it could be too late since the pension you would receive may not be enough to live on. But all is not lost, there is something you can do to prevent that from happening.

The first thing you have to do is know in which Retirement Fund Administrator (Afore) you are registered as a worker who is listed with the IMSS and ISSSTE. They are in charge, as their name indicates, of managing the resources so that when your retirement arrives, you have the right to receive a pension.

Check the performance of the Afores. Photo: Reforma

One of the things that you should take into account of the Afore in which you are or in which you are going to register, are the returns that it offers you for your savings. The most advisable thing is to join one that generates more profits for your money.

If you do not know how to consult this information, you can do so in your account statement, which must reach your home or by email three times a year, at the bottom of this document all the Afores that manage the resources of the workers appear in Mexico and the performance they offer according to their age.

In the same way, you should know that you are not alone in this process since the National Commission of the Retirement Savings System (Consar) is in charge of regulating the activities of the Afores. If you want to increase your savings to receive a higher pension, you can make voluntary contributions to your account.

If you do not have the information at hand, here we will give you the October results for the accounts of those born between 1970 and 1974, as well as the percentage of earnings. According to Consar, a part of your savings will go to one of the Retirement Funds Investment Companies (Siefores), mutual funds, to which you are assigned according to your age.

Afores Performance compared September-October Profuturo from 6.23% goes to 6.30% (same position) Coppel from 5.74% to 5.81% (same position) SURA from 5.42% goes to 5.60% (up two positions) PensionISSSTE from 5.63% goes to 5.60% (one position drops) XXI Banorte from 5.43% goes to 5.53% (one position drops) Principal from 5.28% goes to 5.36% (two positions goes up) Azteca from 5.30% goes to 5.33% (same position) Inbursa from 5.37% to 5.32% (down two positions) Citibanamex from 5.05% to 5.29% (same position) Invercap from 4.33% to 4.37% (same position)

According to the table, the 3 Afores that gave the most performance in the month of October for those born between 1970 and 1974 are Profuturo, Coppel and Sura.

If you have any questions with your Afore where you are registered, you can communicate by phone or visit the official sites:

Afore Phones Official site Profuturo 01 800 715 5555 Inbursa 01 800 909 0000 Pensionissste 01 800 400 2000 Coppel 01 800 226 7735 XXI Banorte 0155 2000 1994 Sura 0144 3310 8192 Invercap 01 800 522 2367 Banamex 01 800 282 3673 Principal 01 800 277 4624 .mx

More information on the subject in our section Retirement.