How do you work your way up to a long and happy retirement?
We’re constantly being reminded that we have to save for our retirement. Rightly so, because these days there’s the ‘risk’ of us enjoying our retirement for longer than ever before. But while your pension pot shrinks, costs keep rising. As a result of inflation, or because you need help or simply because you have more time to enjoy it. So take practical steps now to make the money last... or make a financial plan.
How do you provide some extra monthly income after retirement?
There’s usually a significant gap between your final pay package and the amount you receive in your pension. To bridge that gap, you can build up an amount of pension capital that will be paid out once. But that still leaves the chance that your pot of retirement money will be used up sooner than you expect. A smart alternative would be to provide some extra income each month for your lifetime. With a guaranteed annuity that can only rise. What do you think?
Smart ways to be able to retire…
To avoid running out of savings, you can make sure they are permanently replenished. With a (lifetime) annuity. How does it work? You invest a certain amount and then receive a monthly payment throughout the term of the annuity. There are various formulas for this: a temporary annuity, a lifetime annuity or a ‘new-generation lifetime annuity’. Think carefully before making your choice.
NN solutions for an income after you retire
Branch 23 life insurance: invest in quality funds
Want to invest in line with your investor profile and choose from a range of strong funds? With a Branch 23 life insurance policy, you can invest flexibly, at your own pace, with the potential for high returns.
A guaranteed annuity for your whole life?
You invest your accumulated capital in an insurance fund and receive an annuity for life. Choose the investment you want... and discover your monthly annuity that can never decrease.
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