Hello everybody, this is the first time I post into this forum so quick introduction: I started my FIRE journey just this year and I am a “young” (below 30) investor with my wife and no kids. I have been living in Switzerland for 4 years for reference.
So I recently dig into my second pillar situation as I never went into the full extent of how that works exactly before.
After doing so I discovered that after almost 4 years of work in Switzerland I currently have 23k deposit in there and I requested what would be the max amount that I could deposit before going ahead and fully invest all my savings.
After checking I was told I could deposit another 13k max in there (I didn’t check for my wife yet, will keep you posted in case). Now Considering that I have Invested in ETFs already 5k which I will not touch for sure, I have another 20k ready to invest and I was wondering what would be the best pay off.
Could you guys please help me to break down this situation? How much will I save in taxes really by investing in 2nd pillar and really to what kind of investment return am I looking at in there as I can’t really control it like the 3rd.