It’s not about a percentage!
- Decide what your income should be according to yourself, after your retirement.
Some say: 70% of my last salary, others want to keep the same income, others just want more to be able to travel, grandchildren to help etc. Fix it, what you likes or expects!
See what amount of interest and ‘ eating out ‘ you should have at your retirement date, at an average life expectancy. That is the amount you will have to save from today. Everything you put in early can yield long-term interest or return, so the more you put aside the better, the easier you get it later.
Sounds complicated.It can’t hurt to talk to a professional for an hour. This is the only way: from bank people you get a bank-story, from tax specialists a purely tax-story, an insurance man wants to sell insurances. All good stories but they have an interest in your decisions. You can also choose an independent financial coach. That cost per hour is what, but you get an opinion that is not colored by self-interest.
Also, whether ju铆st, if extra saving is difficult or not in it, it is important to have this overview.Then you just know what’s coming. You will not be the first, and certainly not the last one, which at the end of the first retirement month to his day statement stares and desperately stamels: “W谩t?? So little but? It was all so well arranged in the Netherlands? ” Yes, it is so, but apparently not by Jo煤…..
Don’t let that happen!Knowing what’s coming is the most important thing! Then, if possible, influence that outcome by laying aside.
I don’t know if saving is actually a good solution. I would use the money quicker to repay my mortgage, for example.Then I have no mortgage or rent at an earlier age. Then your required income is greatly reduced. Even then, if you have financial problems in the future, you can do as many more elderly people, take a small mortgage that they get equal money on their account, or sell your property and start living somewhere cheaper. For example, you can buy a cheaper property and still go without rent or mortgage, and then you have money to get around. Or sell your house, and try to rent a senior property, and then because of your income, you might get a rental fee, and then you also live cheaper. With the savings interest in recent years, save has no use.
The percentage determines when you can retire, the desired income during retirement indicates how comfortable you can retire.Look on Welcome to Mijnpensioenoverzicht.nl to get an idea of what has already been saved and what you can expect from Aow, also check what kind of retirement provision your current employer regulates, please log in to that company to see what they are Calculate retirement income based on your current data.
In addition, your current and future monthly fees are important, have you paid your house by that time?Then you only have to budgete for your maintenance costs. Do you want to travel more if you retire? Then count extra to be able to do that.
A directive that is mentioned is 15% of your income for retirement investment and in pension funds (may already be done partly by the employer).If you want to retire faster or more luxer then the advice is to increase that percentage.