Does Retirement Mean the End of Income?

Rising life expectancy means you need to plan ahead to avoid your savings running out

Robert van den Oever 12 August, 2021 | 12:02PM
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Pensioner on the beach

Arriving in retirement means enjoying well-deserved free time - no more obligations, no workday agenda dictating your week. But also, no more salary. Instead you have a pension, either from your employer or the state, or both. While they may provide a steady income stream, the switch to no longer working usually also means a change in the level of income.

Income Gap

A pension is in most cases lower than the monthly income you will have enjoyed while working and pensioners should be aware of that gap.

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About Author

Robert van den Oever  is Research Editor of Morningstar Benelux

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