Retirement planning
What is important for pension planning?
- Financial requirements: First, create an overview of your expenses after retirement. Remember that some of these could increase, e.g., health, leisure, home repair/maintenance costs.
- Pension or lump sum: As a rule, you can choose whether you’d like to draw your pension fund assets as a monthly pension or have the full amount paid out. Some pension funds also offer a combination of both (partial withdrawal).
- Early retirement: Also consider the possibility of early retirement.
- Pension fund purchase: A pension fund purchase is particularly worthwhile in the years leading up to retirement. This is because the tax-savings effect of a pension fund purchase is the greatest when income is at its highest. For many employed persons, this is the case in the years immediately before retirement.
