Every year, thousands of people retire, while for many others there is still a long way to go in their working life.
Those who still have some time left until retirement may be trying to save for pensions in order to live well in the fall of old age.
But for everyone, it is not easy to save when the expenses run away. In a survey carried out by Länsförsäkringar, it appears that almost every third single parent has reduced their pension savings as overheads have increased.
– The effects of many choosing to refrain from saving for their pension at a young age can be serious and lead to increased financial vulnerability both for the individual and society as a whole, says Länsförsäkringar’s pension economist Trifa Chireh in a press release.
SEK 1,000 in increased pension – with simple and unexpected tricks
Almost every third single parent has reduced their pension savings. Photo: Hasse Holmberg/TT This is how you increase your pension payment
Many may think that large sums are required to be able to influence the future pension. But in the survey, they also calculated how much you could increase your future pension payments by putting aside a couple of hundred kroner a month. If you save SEK 300 or SEK 500, you can increase your pension by quite a bit during the first five years of retirement.
– The results from our survey indicate that single parents and parents with a low income belong to the groups that save the least for pensions. The high percentage of those who live alone with children and who do not save privately for pensions indicates a need for increased information for this group so that they understand the importance of long-term financial planning and that even small amounts can make a difference, she says.
Save up to SEK 4,800 – with 7 simple tricks: “Avoid…”
By saving a couple of hundred a month, you can significantly increase your pension in the first few years. Photo: Fredrik Sandberg/TT
Do you have at least 10 years left until retirement?
5 jobs with good future prospects and low competition
Do you have at least 25 years left until retirement?
Those of you who have significantly more time left before it’s time to retire instead have the opportunity to significantly influence the monthly payment during the first few years.
The survey was conducted in January 2024, where 1,000 families with children under 11 were interviewed.
They are entitled to 50,000 in grants – to be able to work