Pension Planning

How does the belgian pension system work?

Since Roman times, states have sought to provide income to their retirees through a “pension system”. Currently, in Belgium, pension income comes from 4 pillars: legal, occupational, personal, and other savings. This complex system is at the heart of the financial challenges faced by every saver. Figuring out exactly how much income you will have in retirement is a question that requires careful planning, as well as the right advice and tools.

What is pension planning and how to start?

Worker or retiree, pension concerns us all whether it is to accumulate a pension capital, or to receive a retirement income out of this capital. It is a long-term activity spanning over 60 years and consisting of two phases: accumulation and distribution. Saving early and frequently through performant and tax-efficient investment vehicles is necessary to overcome the shortcomings of the statutory pension and the traditional savings account. Whatever your situation, running a simulation with our dedicated pension planning tool is the best way to start.

Your legal pension is threatened: here is why

The legal pension is an essential source of income, which ensures that a retiree receives 60% of his working remuneration. However, this ratio could drop to 40% as demographics put pressure on our pension system. Under these conditions, constituting a supplementary personal pension is a necessity.