When to start saving for retirement?

You are 25 and have just started your business

Take it easy and get your business up and running first. Do you already have some savings? Decide whether to invest it in growing your business or whether to put it aside for initial pension arrangements.

You are 35 and have had your own business for a few years

There is no need to worry if you have not started saving for retirement yet. But you should start paying attention. Now is the time to start putting money aside. If you wait any longer, you may not be able to save up enough to complement your state pension.

You are 45 and an experienced entrepreneur

Now you really need to act if you still have not started accruing a pension. If you have started saving, sit down with an adviser to see whether your savings are still aligned with your needs and wishes. You may find that you have to start saving more.

You are 55 and a seasoned entrepreneur

If you have not started saving for retirement yet, it is fair to say that you are very late. Transfer your investments to an insurer. Through accelerated accrual, ensure that you still accrue sufficient pension.

You are 65 and thinking about retirement

You have not built up any pension? Then when selling your business, valuation is important. Does the sale of your business yield enough to make a pension deposit, after settlement with the Tax Administration? Then you are in luck. As a self-employed person, you actually are your business. Chances are that the sale of your business will not yield enough.