How to secure a higher pension in 2023: Financial expert reveals 4 profitable tips to optimize your retirement provision

How to secure a higher pension in 2023: Financial expert reveals 4 profitable tips to optimize your retirement provision

According to a report by www.merkur.de, there are some tricks to get more money out of your pension, especially in 2023. It explains that bringing retirement forward to 2023 can in many cases lead to a higher pension. This applies in particular to those born between 1958 and 1960 who have enough years of contributions to qualify for early retirement from age 63. Late payment of additional pensions and voluntary additional payments can also have a positive effect on the pension.

This information has various effects on the financial market and the financial industry. Bringing retirement forward to 2023 could change demand for various financial products and capital markets as retirees may have more financial resources at their disposal. This could impact sales of investment products and insurance. The later payment of additional pensions and voluntary additional payments could affect the taxation of pension income and the planning of retirement provision products.

It is important to consider these factors when analyzing the short- and long-term impact on the financial market and industry. The adaptation of products and services in the financial industry as well as advice to customers could be affected by these changes. It would be advisable to follow developments closely and make adjustments if necessary in order to optimally respond to customer needs.