Before starting your career, your daily life was taken up by studies. You now have many years ahead that will be shaped by your career. Then, at the end of your working life, retirement will naturally follow. Welcome to the future!
Because, logically, the earlier you start building your savings, the more substantial the amount of your savings will be. Therefore, everything you set aside up until then will mean that you receive more each month in addition to the amount provided by the pension fund (statutory retirement pension). So you can enjoy relaxing, travel and other leisure activities!
Have you filed your first tax return yet? It’s important to remember that when you take out a private pension scheme with your bank, you receive tax benefits on your annual tax return. You are a winner now and later!
In your special expenses, for instance, you can deduct up to a maximum of €3,200 per year from your taxable income. That may seem like a small amount, but calculate it over 20, 30 or 40 years (x20, x30, or x40 😉) and you will realise it represents a significant tax rebate!
And because a picture is worth more than 1,000 words, here is an illustration of how much you stand to gain 😉:
![[Translate to English:]](/fileadmin/_processed_/9/8/csm_384_S_M_Google_Pay_7757d6f1ab.jpg "[Translate to English:]")
Sophie and Marc are always squabbling about the same thing. While Marc is a big fan of Apple products, Sophie goes out of her way to use devices made by…
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![[Translate to English:]](/fileadmin/_processed_/8/6/csm_342__Rentree_scolaire__jeune_avec_smartphone_et_app_bancaires_c0920ee003.jpg "[Translate to English:]")
When your child starts secondary school, he or she will enjoy greater freedom, but with it will come greater responsibility. To make this period of change as…
![[Translate to English:]](/fileadmin/_processed_/a/0/csm_visa-miles-and-more-340_7950e0d8b5.jpg "[Translate to English:]")
Miles, miles and miles! With her Miles & More Luxair Visa card, Sophie accumulates "miles" and "more" by shopping, refilling her gas…
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Sophie used to dream of a house with a big kitchen garden where she could grow vegetables and pretty rose bushes to her heart’s content. When she and Marc…
![[Translate to English:]](/fileadmin/_processed_/f/6/csm_320__S_M__Quand_un_reve_devient_enfin_realite_96b9220343.jpg "[Translate to English:]")
Since 2018, Sophie and Marc have dreamed of a trip to Japan, and this is when they started their "Japan trip" project in their MIA personal…
![[Translate to English:]](/fileadmin/_processed_/4/a/csm_312__S_M__Investissement_avec_S-INVEST_--02-new_93e3bea88f.jpg "[Translate to English:]")
It’s been a while since Sophie and Marc bought aunt Elise’s beautiful house. Finally, the works are almost finished and they’re getting ready to move in. The…
You are an expatriate in Luxembourg and you need a car? Lease Plus is the perfect leasing solution ... not only for expats!
