I need your help in understanding how my 3rd pillar works.
As a newby I’ve already signed it and have been paying the maximum for 2 years, before realizing I don’t fully understand how it works.
I guess it’s never to late to start going in the right direction…
In any case, here is the question:
Currently I pay a premium with Swisslife of 3283 CHF / year since 2019, if I do the calculation over the 35 years I should have a total of: 114’905 CHF, in contract I signed it is written guaranteed savings 94’226 CHF, a difference of 20’679 CHF.
Why is the guaranteed so low?