More and more people are worried about their pension, and may want to invest in private pension savings.
But working an extra year can bring much more.
– It is very powerful to work later in life, says Monica Zettervall, expert at the pension authority.
More and more people are worried about their pension, according to a survey conducted by Kantar Sifo on behalf of Swedbank. But there is an easy way to get the pension properly.
Working an extra year can give an average earner SEK 1,600 a month after tax, for life. Saving up to that amount takes 20 years.
– It requires up to SEK 500 a month for 30 years, or SEK 800 a month for 20 years, says Monica Zettervall, an expert at the pension authority, to TV4 Nyheterna.
However, there is one group that should watch out.
– Self-employed people must compensate for the occupational pension that most employees have. So that it is really a group that needs to watch out and maybe save the tax refund, says Monica Zettervall.
The call: Find out what the savings cost
Monica Zettervall says that the basis of good pension savings is to work and have an occupational pension. Anyone who wants to save a little extra privately for retirement is encouraged to compare different options and find out what the savings cost.
– I think you should be aware that advisors from, for example, the bank are basically salespeople. They make money from our retirement savings. It doesn’t have to be bad, but as a consumer you should be aware of it, says Monica Zettervall.
Maybe not everyone has the opportunity, or desire, to work an extra year?
– You have to respect that this does not apply to everyone, but for many it is an opportunity to increase the pension, says Monica Zettervall.