Calculate your required pension
Whether you live in Switzerland or in the EU, knowing how much pension you require when you retire is arguably the most important element of your financial planning. Every investment decision we make throughout our working life is with retirement in mind.
However, this said many clients we meet do not know their number. Without knowing what you are working towards how can you plan? More importantly how can you achieve your goal of financial freedom if you don’t know what it is?
With this in mind we have created the below calculator to better help you understand how much pension you need and also how much you need to contribute on a monthly basis in order to reach your goal.
What to do next
Now that you know what your pension shortfall is, you can start to plan and save accordingly. The figures above do not take into account growth on your pension and ongoing savings. So of course if you are able to generate healthy annual returns the amount required to save will reduce significantly.
If you are unsure or new to investing then speak with one of our advisors. We will be able to ensure you have a strategy in place that will enable you to achieve your retirement objectives much sooner by ensuring your pensions and savings are working for you.