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.

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.

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.