Tatra banka Supplementary Pension Saving (III. pillar)
After retiring from active life, your income may drop below the 50 % mark. Demographic and economic projections indicate that this gap will widen. Therefore, the topic of retirement security concerns all productive people. Supplementary pension saving or III. pillar is a voluntary form of financial security for retirement. Together with the state pension - I. pillar and old-age pension saving - II. pillar they have formed the basis of the pension system in Slovakia since 2004.
- The goal of the III. pillar is to help maintain your standard of living in retirement..
- Our portfolio includes more than 16,000 employers, making it even easier to receive employer contributions to your retirement savings.
- As the only supplementary pension company, we use a unique investment strategy Comfort lifeTB, which adapts and changes according to your age.
- You can deduct savings contributions from the tax base up to 180 EUR per year.
- Contributions, including employer contributions, are your property and become subject to inheritance.
- You can have an overview of your savings in Tatra banka mobile application and Internet bankingTB.
You need to prepare for retirement
Retirement age is increasing
People are living longer, and the retirement age is gradually increasing. This means we will need more money to cover a longer period of life during retirement.
State support may not be enough
It’s important to realize that the state pension may not cover all of our needs. That’s why we need our own savings to maintain our standard of living.
Financial reserve is essential
If we create a sufficient financial reserve, we’ll be able to live more comfortably and fulfill our goals even in retirement. This gives us greater freedom and security for the future.
20 years is enough!
You could spend that much time in retirement.
Get ready for it with supplementary pension saving.
Retirement life calculator
Expected retirement age
__ years(in ____)
Number of years until retirement
__ years
Expected length of your retirement
__ up to __ years
Calculation methodWe live in retirement for many years. Think about yourself and prepare for it financially.
The ideal time to start is now
Saving for retirement is not a sprint, but a marathon. The most important thing is to start as early as possible and continue saving for as long as possible. The sooner you start, the more you can save.
- If you start saving in your 30s, you have a real chance of saving much more than if you start 10 years later.
- The total amount of retirement savings decreases with each year you postpone it. Think ahead and open a supplementary retirement savings account today.
*Source pension calculator.
"If you want to maintain your standard of living after you retire, your total pension should be around 70 % of your pre-retirement income."
Golden pension rule
Pension calculator
Calculate your optimal pension
1
Enter basic input data.
2
Calculate the estimated amount of the state pension.
3
Set the amount of savings in III. pillar according to your wishes.
4
You can open savings by clicking on "I'm interested in saving".
Estimated total monthly pension
in today's prices
i
- €
Your current wage replacement rate is
%
from the estimate of the last gross income before retirement
€
Detailed information about III. pillar can be found described below.
Your savings in the III. pillar with a monthly contribution of i
xx €
Think forward. Make the right decision for your pension today.
How and where do I open III. pillar?
*Valid only for Tatra banka clients with an Account for blue planetTB.
Open an account online in a few minutes.
Interesting
Would you like to be informed about current trends in long-term savings, but at the same time you don't want to spend hours searching for relevant information on the web? Join our subscribers and we'll send you all the information you need from the world of investing and retirement on a regular basis.
SubscribeDisclaimer:
The conclusion of a participation contract with a supplementary pension company is also associated with risk, and the past performance of the supplementary pension fund in its management is not a guarantee of the same performance of the supplementary pension fund in the future.
https://www.tatrabanka.sk/en/dds/new-saver/