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Old 13.10.2007, 18:12
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dannyt986 dannyt986 is offline
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Re: Pensions - how much are they really worth

Several thoughts and answers:
- yes the pension is taxed (for the first time since you saved it tax free)
- in theory your living costs should be lower by then (ie mortgage paid off, no kids, no travel to work and lunches etc)
- but then most people still underestimate how much it costs to have a comfortable lifestyle in retirement
- you dont say how old you are, dont forget the swiss statements just show the projected fund based on your current savings (not like uk ones that show total fund based on projected continued savings)

Daniel
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