Pension savings

Even if you only save one hundred kroner a month, it’s much better than nothing. The most important thing is that you get started on saving for your pension early.

The pension that the employer saves for you is often placed in a pension profile that can consist of shares and fixed-income securities Since you will not be retiring for many years, you can choose a pension profile with a lot of shares. Read more about pension profiles here

The important thing is that you stick to your strategy, both in terms of your pension profile and your monthly savings, even if there is anxiety in the equity market. This is when you have the opportunity to get a return on your money that is saved for your pension, and it can give you a good return over time.

Many people are eventually able to put a little more into their savings during this phase of their lives. Start by getting an overview of how much you get in your pension. The earlier you start saving for a pension, the less you need to set aside. Remember that it is better to start with a low amount than to not start at all.

Retirement is still a long way off, so it can be a good idea to invest most of your pension savings in shares. You may then be able to get a better return on your money, even if the values fluctuate along the way. Remember to stick to your plan, and continue to save even when there’s anxiety in the stock market. This way you’ll get the best return on your money in the long run.

Ask your employer how much has been aside for pension savings for you, and whether you can make your own choices in the pension scheme. If you change jobs, you should remember to check the pension scheme. The differences are significant and if you get a smaller pension, you should be compensated with a higher salary.

Pension savings are now starting to become important, and if you haven’t started, you should start saving for a pension now. You should investigate how much you will receive as a pension. If you want to retire early, you need to start looking at how this will affect your overall pension in the years to come. Many people see that they have to increase their savings substantially in order to afford to retire early.

Get a complete overview of the pension scheme from your employer. In this phase you have the opportunity to adjust your savings to ensure your retirement is the way you want it. If you’re changing jobs, it’s especially important to make a thorough assessment of the pension schemes. If you come off worse, you should make sure you are compensated for this with a higher salary. If you get a higher salary due to a smaller pension scheme, you must remember to set aside more money for your own pension savings.

Many couples want to retire at the same time, even if they’re not the same age. If you’d like to retire at the same time, it’s especially important to see how this will affect your finances.

Look at your savings schemes to see if you’re on the right path based on the retirement age you’re planning. If you need to make changes in order to get a lower proportion of equities, see whether you need to adjust this yourself or whether it happens automatically.