From now on, instead of relying on the savings accumulated by others, each person will accumulate their own savings for retirement. Infonavit informs that the money in the housing sub-account will be used to build homes, ensuring it can be recovered at any time. Account managers will only be able to invest in safe projects to avoid losses in savings.
Personal accounts in Afores were designed for each individual to be responsible for their retirement. However, as more people retire and more homes are built, the amount available for payments will decrease. For the first time in twenty years, Infonavit is resuming the construction of homes instead of just financing them, offering holders the possibility to use these funds to acquire or remodel a home.
In the past, homes built by Infonavit were of low quality and expensive. Now, with the change in the system, it is suggested to take advantage of the funds in the sub-account to acquire or improve a home. It is advisable to save individually as a supplement to ensure an adequate retirement. The modification of the law allows Infonavit to use Afores' resources for the construction of affordable housing.
Savings allocated for housing in Afore accounts can exceed the amount saved for retirement, which poses a challenge in terms of retirement. There is a risk that in the future Infonavit will not be able to cover resources unless it goes into debt to do so. The use of Afores' resources for construction projects raises concerns about the profitability and transparency of such investments.
In summary, it is suggested to be aware of the management of funds in the housing sub-account and consider individual options for saving and supplementing retirement. The obligation to create social interest housing through a governmental entity poses challenges in terms of profitability and transparency. It is essential to be informed about the destination of personal resources and make conscious financial decisions to ensure a stable future.
