Page 7 - Maerki Baumann & Co. AG | Journal 2-2022

When retirement approaches, it can arouse mixed feelings. Many people are enthusiastic about the new stage in their life, looking forward to being able to dedicate more time to their friends, hob- bies and travel. However, it can also be a time of worry, with soon-to-be retirees faced with con- cerns about whether they will have enough money to maintain their accustomed standard of living or treat themselves to one or two extras.
If you want to enjoy your retirement to the full, it is a good idea to start thinking about it at an early stage. After all, retirement goes hand in hand with a fundamental change to your financial situation, as you will no longer receive salary payments from gainful employment. To ensure you can enjoy the third stage of your life without any worries, you need to develop new sources of income.
In most cases, the benefits you receive from old-age and survivor’s insurance (AHV) and pen- sion funds will not be enough to cover your ex- penditure. Demographic changes and low interest rates mean that pension funds have had to reduce their conversion rates and thus their benefits. This makes it all the more important to build up pri- vate financial reserves that you can draw on in old age. Every day counts: Those who regularly put aside part of their income at a young age will have enough money during their retirement years. And if you make use of a 3a account, you can save on taxes in the process.
Nobody likes to deal with old age. Neverthe- less, around ten years before reaching regular re- tirement age, the time has come to assess where you currently stand and analyse your pension sit- uation. Around five years before your retirement, you will be confronted with a key question: Do I want to draw my pension fund assets as an an- nuity, a lump-sum payment or a mix of the two?
Making a (partial) lump-sum withdrawal should be well thought out, as such a decision cannot be reversed once the funds have been paid out. In terms of tax, the different variants make a big difference.
To be on the safe side when planning your re- tirement, it is advisable to consult a specialist. Take advantage of our expertise in the area of pen- sion and financial planning. Together with you, we
will tailor your retirement precisely to your needs, meaning you can embark on the third stage of your life with peace of mind.
Our services at a glance
In addition to classic investment advisory and asset management services, the private bank Maerki Baumann also offers comprehensive advice in the areas of pension and retirement planning. We are on hand to assist you and offer you support in implementing your personal goals and wishes for your retirement. Take advantage of our services:
– Analysis and planning of insurance and pen- sion assets
– Regular review of your pension situation
– Creation of a long-term asset plan adapted in
line with your needs
– Drawing up of an individual pension plan with
a budget for your income and expenditure as
well as your asset requirements
– Support with long-term asset accumulation
and establishment of a third pillar
– Comprehensive advice on old-age and survi- vor’s insurance (AHV), pension funds, taxes,
real estate, insurance and mortgages
– In cooperation with lawyers and fiduciaries:
estate planning and advisory service on tax,
matrimonial and inheritance law
– Mortgage strategy and real estate financing
after retirement
– Broad in-house expertise supplemented by an
external network of specialists
Take advantage of our expertise. Contact us for all questions relating to financial planning and pension provision.
Nils Ganz
Head of Mortgages and Retirement Planning,
Member of Senior Management
Find out more about
Retirement planning at Maerki Baumann.
Pension provision
7