Finances & pension

Plan your retirement

We recommend that you plan your retirement finances well in advance. This allows you to optimise your finances in order to give you the best starting point for achieving your dreams for a good retirement.

Address the many questions

We recommend that you plan your retirement finances well in advance. This allows you to optimise your finances in order to give you the best starting point for achieving your dreams for a good retirement.
When do you expect to retire?

Some look forward to their last day at work, while others find it difficult to say goodbye to their working life. You do not need to stop working just because your age indicates that it might be time. You ought to actively consider how long you would like to continue working.

Find inspiration for the last part of your working life

How would you like to live?

It is a good idea to consider whether you would like to stay in your current home or dream of moving somewhere else for your retirement. How would you like to live in 5 or 10 years?

Find inspiration for your future home

Can you afford to follow your dreams?

A thorough review of your financial situation lets you asses how much money you need when you retire. Do your dreams and your current pension savings match, or do you need to set aside extra money before retiring?

Prepare a savings plan

How to get on top of your retirement finances

If you are not a champion when it comes to figures, we are happy to help you get on top of your financial situation. Bring your partner to the consultation and get the full overview of how much you have – and how far it will get you when you need to live off your savings.

Book a consultation

Who will inherit your money?

Regardless of your family constellation, it is important to consider how you would like your inheritance to be distributed when you pass away. We recommend that you do so well in advance as this gives you peace of mind and can reduce disagreements between family members.

Get an overview of who will inherit your money

       
Do you have an overview of your overall retirement finances?

Update your information at My PFA and get the full overview of your total assets with the Payout Plan.

Log on to My PFA

What does your retirement budget look like?

Make a budget so you know exactly how much money you will need every month. Remember that you may need to set aside money for gifts, heirs or large unforeseen expenses.

Do you need help with your retirement finances?

Get advice well in advance before retirement. Then you can plan your payouts and find out how much you will have at your disposal every month. Spending your money in the right order, and thus ensuring that your payouts are not unnecessarily set off against public benefits or that you do not pay excess taxes, may save you a lot of money.

Book a consultation

Who will inherit your money?

It is important that you consider how you your inheritance to be distributed when you are no longer here. If you have yet to decide on the matter, now is a good time to do so. This gives you peace of mind and can reduce disagreements between family members.

Get an overview of who will inherit your money

How do you create security in your everyday life?

In order to ensure you as good a retirement as possible, we have a number of offers focused on the transition from working life to retirement. It is about health, quality of life and the things that create security in your everyday life.

View our various offers

 

When can your pension be paid out?

When you can have your pension paid out depends on when your pension plan was established:

  • If your pension plan was established before 1 May 2007, you can have your pension paid out when you turn 60.
  • If your pension plan was established after 1 May 2007, you can, as a rule, have your pension paid out five years before the state retirement age applicable at the time.
  • If your pension plan was established after 1 January 2018, you can, as a rule, have your pension paid out three years before the state retirement age applicable at the time.

 

Use the Pension Plan at My PFA

My PFA gives you an overview of how much money you have saved up. If you open the Pension Plan, you can see your overall retirement finances, including pension savings, bank savings and home equity. The Pension Plan illustrates your current situation, lets you simulate your future financial situation and make a plan to reach your financial goals for retirement.

You can try to plan your retirement finances by distributing your various savings in a payout plan. This will give you a detailed overview of your expected post-tax income as a retiree, so you can see whether your savings match your expectations or whether you need to make some adjustments.

 

Do you have any questions about your pension?

Then, please contact PFA’s Advisory Services Centre at (+45) 70 12 50 00.