Planning starts with the following questions:
- What will happen from a financial standpoint when you retire or take early retirement?
- As for the 2nd-pillar occupational pension plan, is it better to take out an annuity, a lump-sum or a combination of the two?
- How can you become more tax-efficient?
- Can you make a donation to your children today? And what impact would this have on your future assets?
In order to provide answers to all these questions and devise solutions for each, we embark on the financial-planning process itself. We look at multiple angles, such as 2nd-pillar occupational pension cover, the prospect of buying in extra years, the decision on whether to take out an annuity and/or a lump-sum, the convenience of a life-insurance policy, tax considerations associated with buying property and taking out a mortgage, and, for business-owners, the impact when passing on or selling the business, etc.
Once a clear overview has been obtained, we draft a report summarising the state of your financial standing and start drawing up a risk profile to be applied when managing your assets and wealth.
