A pension is like a big piggy bank where grown-ups put money while they work. Imagine every time they get paid, they put a little bit of that money into this special piggy bank. When they get older and stop working, they can open the piggy bank and use the money to buy things they need, like food and clothes. This helps them live comfortably even when they don’t go to work every day.
Think of a pension as a garden. While working, grown-ups are planting seeds (money) in their garden. They water it and take care of it over the years. When they stop working, the garden is full of beautiful flowers and fruits (money) that they can enjoy. The garden keeps providing them with what they need, even when they are not planting new seeds anymore.
Another way to think about a pension is like a treasure chest. While working, grown-ups collect little treasures (money) and put them in the chest. When they stop working, they open the chest and use the treasures to buy things they need. This treasure chest helps them continue to have fun and enjoy life, even when they’re not collecting new treasures anymore.