Retirement

Planning

If I had to prioritize one thing when building a portfolio, I’d always start with pension planning. It’s a topic that will shape the financial future of generations.

Supplementary Pension

To ensure a comfortable standard of living after retirement, it is essential to develop the ability to think long term—setting aside resources today to see them grow tomorrow.

One way to achieve this is through a supplementary pension plan, a private and voluntary form of retirement savings that, through regular saving and investment, provides an additional income alongside the state pension.

Protecting Your Future Standard of Living

Our state pension systems are constantly in flux, with continuous reforms and updates.

To maintain a higher income level than the state pension alone can provide, I recommend a supplementary pension strategy built on:

  • 1

    Thorough analysis of each individual situation

  • 2

    Forecasting the expected public pension amount

  • 3

    Identifying the right tools to close any potential gap

I’m here to help you secure a peaceful future.

Some Advantages of Supplementary Pension Plans

Pension funds enjoy unique tax and protection benefits under our legal framework:

  • Tax-deductible contributions

  • Favorable taxation on investment returns and retirement benefits

In addition, pension funds can be opened in the name of minors, providing significant advantages both for their future and for those making the contributions.

Would you like a second opinion
on your pension situation?
Book an in-person or remote appointment today.

Case history

Will your pension be enough after a lifetime of work?

Filippo and Marina, two civil lawyers, have been my clients for a long time. They are parents to nine-year-old Aurora and have successfully run their own law firm for five years, with a busy practice and several associates. However, their careers haven’t always been so stable. Their past was marked by low-paying collaborations and temporary employee contracts, and they now worry about the impact this will have on their pensions.

Marina had the foresight to start a supplementary pension years ago, while Filippo only recently decided to check with their professional pension fund. To his surprise, he found that their situation—especially Marina’s—was not as secure as they had hoped.

At the same time, Filippo’s parents wanted to set aside some money for their granddaughter, Aurora, and asked Filippo and Marina for advice on how to proceed.

The couple booked a meeting with me to review their situation and take action.

Summary of Proposed Solutions

First, we conducted a simulation to project their retirement age, estimate their pension from the Lawyers’ Pension Fund, and determine their “retirement gap”—the difference between their current annual income and their future pension.

Based on this analysis, we recommended that both Marina and Filippo increase their supplementary pension fund contributions up to the legally tax-deductible limit of €5,164. With a marginal income tax rate of 43%, this means they will each save a significant €2,220 per year in taxes.

Pension contributions are fully tax-deductible from income, even if the fund is set up for a dependent minor child.

Considering Aurora’s future and her grandparents’ desire to contribute, we decided to open a pension fund for her as well.

Additionally, we started a separate savings plan for the couple. The goal of this plan is to supplement their pensions in retirement through a consistent monthly drawdown or a financial annuity.

Do you see yourself in Filippo and Marina’s story? How important is it for you to evaluate your future public or private pension?

If you would like a free, second opinion on your financial situation, please contact me for a no-obligation meeting.

If you want to get a free second opinion, contact me for a no-obligation meeting.