Capital or pension

What are the options?

When you retire, you can choose from FUTURA whether you want to draw a pension or your retirement capital. Another option is a combination of both: you can have a partial amount paid out as a lump sum and draw the rest as a monthly pension. Your individual situation and your personal needs will have a decisive influence on this irrevocable decision. And it is advisable to carry out personal financial planning at an early stage.

If you would like to apply for a lump-sum withdrawal, you will find the "Retirement lump-sum withdrawal" form on our website under Downloads. Married persons require the written consent of their spouse.

FUTURA does not have a capital notification period.

TO THE FORM "capital reference"

 

Advantages and disadvantages?

Drawing a pension offers the greatest possible security. The amount (paid quarterly in advance with FUTURA) is paid out until the end of your life. You do not have to worry about investments and have a regular, constant income.

Although a lump-sum withdrawal offers the greatest possible flexibility in the withdrawal and inheritability of the money, it also has its disadvantages. The insured person must manage and allocate the withdrawn capital independently. They bear the investment and longevity risk themselves. When withdrawing the money, it is important to remember that the capital benefit is taxed.

A mixed model can make sense.

FUTURA does not have a notification period for lump-sum withdrawals.