Every age is the right age Pension solutions for every generation
Regardless of whether you're starting your career or a family or planning your retirement, beginning early gives you more options. We help you make the right decisions.
Your life changes as you age. And so does your pension planning.
Every stage of life brings with it new needs and new questions about your pension provision. We help you find the right answers with solutions that fit your life.
Do you know if you have enough money to retire?
Most people underestimate their pension gaps. Pillar 1 (OASI – state pension coverage) and Pillar 2 (pension fund, occupational benefits insurance) cover an average of 60 percent of your last salary. If you want to keep your accustomed standard of living, you’ll need about 80 percent.
Our 2-page fact sheet explains how the Swiss pension system works and what you can do about pension gaps.
Download the pension provision fact sheet
Whether you have pension gaps, how large they are and how they can be closed all depend on your personal situation. A consultation with a pension professional will provide you the clarity you need and help you to analyze your individual options. Depending on what stage of life you’re in, there could be other pension planning issues that take precedence.
Pension solutions for all stages of life
Career start
Saving for retirement is probably the last thing you think about when you start out on your career. And that’s normal. But the earlier you begin, the more you benefit over the long term. Even if you just make small, regular contributions, they add up over time due to compound interest. And although it’s called "interest," the same principle also applies to returns on investments. Income is reinvested and generates new income year after year.
The sample calculation is based on an average assumed return of 6 percent per year, which is realistic for our pension plans over a longer investment horizon.
Here, not only whether you save for retirement, but also how you save is important. Which solution works for you depends on your personal situation and your goals.
A consultation will help you find the best way for you to start saving for retirement.
Families & partners
Starting a family changes everything: expenses increase, incomes change and responsibility grows. If one parent works less or temporarily quits working, this can also affect pension provision.
Now it’s not only about saving up for retirement, you also have to ensure that your family is financially secure. How well are your partner and children protected if one income is lost due to an inability to work or death? And will you still be able to pay for your home?
Which solution best suits your family depends on your personal situation. This is why you should regularly check your current pension solution to see if it still meets your needs. New or supplemental solutions can help to close any gaps that arise to protect your family and home in a targeted manner.
Pension overview
The closer you are to retirement, the more specific your financial questions will become. Now is the right time to create an overview: What benefits can I expect, how much will my future expenses be and will I have saved enough to fund my plans after I retire?
The following questions are especially important:
- Are the savings in Pillars 1 and 2 and my personal retirement savings enough to maintain my accustomed standard of living?
- Do I have any pension gaps and what can I do about them?
- Should I draw a pension, take a lump sum or have a combination of both?
- Can I afford to retire early?
A personal consultation serves to compare your expected benefits from state, occupational and private pensions with your needs and plans. This enables you to see whether you have any pension gaps, what options are available to you and how you’d like to draw your savings once you retire.
Self-employed
If you’re self-employed, you’re in charge of saving for your retirement. As opposed to employees, you cannot automatically join a pension fund. Mandatory OASI only covers the subsistence minimum. This is why it’s so important for you to actively take charge of your retirement planning.
- Does joining a pension fund voluntarily make sense for me?
- Is it worth making regular contributions to Pillar 3a?
- How can I protect myself in case of death or disability?
The best pension provision for you will depend on your individual circumstances: type of business, income, stage of life and family situation.
During a consultation, together we can discuss what will work best for you.
Support you provide as an employer
As an employer, you can assist your employees with their pension provision, such as through a flexible pension fund that offers the latest options. Some examples include various savings plans, taking part-time work into consideration when saving for retirement as well as the different ways to draw your retirement benefits.
