Klaus Schlosser (61) was positively surprised. When they went to their house bank, he and his wife Helena (64) actually just wanted to discuss the new mortgage for their condominium. During the consultation, however, the facility management project manager decided on a whim that he wanted to reconsider his upcoming retirement. Helena, a former real estate advisor, retired not long ago. But it will be some years until Klaus enters statutory retirement. They had always dreamed about traveling the world together. But Helena wouldn’t do that on her own. Klaus felt the need to change his personal circumstances to suit his wife’s new way of life. After all, who knows what life will be like in a few years? Couldn’t they start traveling together earlier? Only, what would that mean for their finances?
Klaus currently has a gross yearly income of 130,000 Swiss francs. Additionally, he has two 3a policies with maturities until 2022 of a total of 100,000 francs as well as a 3a account with over 47,000 francs. Helena is already receiving an AHV pension and a pension fund. They both recently purchased a condominium together worth 1.1 million francs. It also has a mortgage of 600,000 francs. Helena and Klaus were very proud not to have taken up such a high mortgage that they would have to pay it off in their retirement. They had also managed to set aside 20,000 francs every year.