Who we serve · 04
Approaching retirement
The accumulating is nearly done. What is coming is a different problem: turning a set of accounts into an income, in an order that does not hand a large slice to tax, and structured so that a bad market in the wrong year does not force a sale at the bottom.
What people in this position ask
On the first call- Lump sum or annuity, and can I take part of each?
- In which order should I draw the pots, and across how many tax years?
- Should my 3a still be invested at this point, or moved to cash?
- What happens to my partner if I die first?
- How much can I actually spend without running out?
- Is a Pension buy-inEinkauf: paying extra into your pillar 2 to fill gaps from years you were not contributing. It reduces taxable income now and locks the money up until retirement. still worth it this close to the end?
None of these has a general answer. Every one of them turns on facts about you, which is why the first thing that happens is a conversation rather than a recommendation.
What actually makes this hard
The honest version- 01
The first years matter more than the rest
Drawing income from a portfolio that has just fallen locks the loss in. The same average return produces very different outcomes depending on which year the bad one lands, and that is the single largest risk in the transition.
- 02
Kapitalbezug against Rente is not a maths question alone
It depends on your health, your partner, your other assets and how much certainty you want, and no rule of thumb settles it.
- 03
Withdrawals across tax years are close to irreversible
Staggering accounts has to be arranged in advance. Once the withdrawal happens the option is gone.
A share of the gain is a poorer fit here than elsewhere, and we would rather say so: capital in drawdown is meant to be spent, not grown. This is one of the cases where the first call may end with us telling you a fixed-fee adviser suits you better.
Every term of the feeNothing on this site is a projection of income. Any figure produced in this work is a model of your own assumptions, and it is labelled as one.
If this is you, the first call costs nothing.
Thirty minutes. You describe the position, we tell you what we would do and what it would cost, and one legitimate outcome is that you do not need MB Financial Advisory at all. Our fee is 10% of the gain, so a conversation that leads nowhere leads to no invoice either.