17th February 2021

It is never too early to make plans for your retirement!

As Sophie sits in her car waiting for the stoplight to turn green, she suddenly begins to daydream, imagining all the things she will be able to do once she will be retired. Thoughts race through her mind and one thing is for certain – Sophie wants a stress-free retirement and doesn’t want to lack anything when time comes.

Retirement is still far away for Sophie. Nevertheless, if she starts saving now, her retirement can be better than expected. Her job enables her to earn a modest living now, but nobody knows what the future holds and at this phase of her career, it is too early to estimate the amount she can expect to receive when she retires. Sophie decides to go to her bank to find out more.

With S-Pension, retirement is sure to be much more comfortable than expected.

Sophie can relax knowing that she benefits from the very first S-Pension payment! She not only pays less tax from the moment the contract takes effect – she gets an additional pension when the policy matures.

Whether you are brimming with ideas or simply want to be able to indulge and maintain a certain lifestyle, retirement requires planning in advance. That is why Sophie is safeguarding her future by taking out an S-Pension private pension scheme contract for a minimum of 10 years. She can choose the method of repayment, which can start as early as her 60th birthday.

What are her repayment options?

Lump sum
Lump sum
She will receive a lump sum payment of all the capital accumulated.
Monthly
Monthly
She will receive payment of all the capital accumulated in the form of a monthly annuity.
A combination of both
A combination of both
She will receive repayment in the form of a lump sum for up to 50% of the capital accumulated and the remainder in the form of a monthly annuity.

S-Pension: Make the most out of your savings

Convinced that she must do something about her future, Sophie decides to tip the odds in her favour by choosing how she will insure her golden years. Above all, she has to decide what works best for her, e.g.:

1. The amount and frequency of automatic payments:

  • Monthly
  • Quarterly
  • Semi-annually
  • Annually

2. The package and investment sub-fund:

That's all there was to it! Sophie took out an S-Pension private pension scheme contract. The icing on the cake? She doesn't even have to think about making payments because she linked it to her bank account. That way, her monthly investment will be automatically transferred to the SICAV sub-fund of her choice.

Plan the next stage of life now with S-Pension!

And you? How do you picture your retirement?