Pension or lump sum

Which is better for me?

How should I withdraw my pension fund savings?

Few decisions in life are irreversible, but one of them is how you choose to withdraw your retirement savings. There is no general rule. You will need to carefully weigh up the individual benefits and drawbacks, taking the following factors into account: your family situation, health, financial circumstances, mortgages and taxes, as well as the pension fund's rules and regulations. We will be happy to help you weigh up the advantages and disadvantages.

A pension provides you with a secure monthly income for the rest of your life. And if you die, your spouse will receive a survivor's pension, which is generally 60 percent of your original pension.

Good to know: There is no protection against inflation, meaning that the pension fund is not obliged to adjust your retirement benefits to account for higher costs. Your pension income will still be taxed.

A lump-sum payment gives you more room for maneuver when it comes to your personal financial planning. You're free to invest the money as you please, but at the risk of varying returns. And when you die, your heirs will inherit any remaining capital, though this is not the case with a pension.

Good to know: If you withdraw your pension as a lump sum, you will pay less tax.

As the name suggests, you receive some of your savings as a fixed pension, and some as a one-off payment. The combined option gives you the best of both worlds: the security of a regular pension with the flexibility of a lump-sum capital payment.

Establish the best way of combining a pension with a lump sum based on your personal situation. By carefully analyzing your goals, family situation and assets, you might find out that a mixture of lump sum and pension is your best option.

Three steps to your worry-free retirement

The goal of our retirement advice is to ensure that you can enjoy a worry-free retirement. Our pension specialists examine your situation and help you to plan your retirement strategy and implement a concrete plan of action.

Understanding your requirements

Our first meeting is about listening carefully to you. We want to understand your personal and financial goals for the future.

Analyzing your financial situation

Next we analyze how your income, assets and tax situation will change over time and how this will impact your goals.

Drawing up a retirement strategy

Based on this knowledge, we sit down together and draw up a tailored retirement strategy and a concrete plan of action.

Can we help you on your journey?

  • Experienced pension specialists
  • Personal advice
  • Retirement strategies tailored to your individual needs

Our specialists are here for you – we look forward to hearing from you.

Individual investment concept

Our investment concept Wealth Way links your current situation with your short- and long-term life goals.

Because a personal conversation is worth a lot

What can we do for you? We’re happy to address your concerns directly. You can contact us in the following ways: