The insurance company Skandia has calculated what it takes for you to save to strengthen the pension with tax-free amounts from SEK 5,000 up to SEK 30,000 a month.
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Then extra savings are required
Many people may wonder if someone who has worked an entire professional life with an occupational pension needs to save extra for the pension. Matthias Munterwho is a pension economist at Skandia, believes that long-term pension savings can benefit most people, even those and provide extra security and a golden edge to life.
– A private savings can also provide flexibility around choosing a retirement age or be insurance against unexpected career stops, says Mattias Munter to Today’s Industry.
Mattias also points out some groups that should think extra about pension reinforcement. For those who, for example, do not have an occupational pension, a large amount of savings is required, even self-employed people must solve their pension security on their own.
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That’s how much you need to save
The calculations made by Skandia are based on a pension withdrawal from the age of 67, which is the target age for people in their 60s. For younger generations, such as 90-somethings, the target age can be 69 or 70 years.
This is how much you need to save to boost your pension by SEK 10,000 a month tax-free under 20:
This is how much you need to save to boost your pension by SEK 30,000 a month tax-free under 20:
The calculations are based on saving in a global fund with a 6.7 percent annual return after fees.
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