Thanks for all your comments,
(a lot of people have their 2nd pillar invested fairly conservatively, tho they don’t have a choice).
That’s where I am lucky, is that now I have some control over that money (I didn’t, before). But for the same reasons you mention, there isn’t much literature or suggestions about investing it wisely. I am quite open to risk, but as you mention, I have only 10 to 11 years in front of me and not 20 or 30.
10-11 years is fairly long, not many high equity strategies are negative after that time.
What’s your risk tolerance? How bad would you feel if the value drops say 35% and stays there for 3 years?
How much do you need the money to grow by (for comfy retirement)?
These would the questions to answer, to decide between Global 40, 60, 80 & 100 or some personal strategy.
This is too late now, but it would’ve been good to split the 2nd pillar and put half at Viac & other half at Finpension (to diversify providers, and reduce taxes when cashing out)).
Why would it be too late? I could still transfer part of the money there (maybe I’m wrong, I’ll check). It would make sense to split the risks, I agree. I have to admit that I didn’t do a proper calculations for my retirement (it still seems so far away, but I reckon it isn’t), and I should start from here. Especially because now I also contribute to a new pension fund. If anyone has a nice excel spreadsheet to share, I would be grateful!
This may raise interesting questions: how are interests/dividends/rental income taxed in your situation? At the rate they would if your salary was taxable or at the rate they would if you didn’t have a salary? Or a different way?
To my knowledge, only the revenue from my work is non-taxable. All other revenues (dividends, fortune, rent) are taxable. However, for 2023, I will be below the taxable minimum. It would also make a good case to reimburse the 2nd pillar to stay below that threshold (if that makes sense).
I was thinking this night, would it make sense to adopt a fairly aggressive strategy in the first years and progressively lower the risks? Or is it better to keep a strategy and not change it?