The role of the depot also changes with the retirement. While return and compound interest are in the foreground in the savings phase, it is about predictable distributions or withdrawals in old age. Those who react early can avoid price risks and optimally adapt their depot to the new phase of life.
• Saving phase vs. Retirement: In the compound interest effect, predictable income gives way
• Plan in time to check taxes and risks
• Strategies in old age: withdrawal plan, distributions or mixed shape
Why the depot strategy changes in old age
During the professional years, the compound interest effect is the decisive growth driver. In this phase, the capital is invested in the long term and distributions are usually automatically reinvested. The focus changes with the retirement: the depot now serves to increase the statutory pension and to cover ongoing expenses.
In this phase it is no longer about maximum return, but about predictable income. Dividends or regular distributions can play an important role here. In many cases, the depot is therefore required.
Recording plan, distributions or mixed shape
There are essentially three ways in retirement. A removal plan enables it to sell shares at regular intervals and thus receive predictable payments. A second option is to align the depot more on distribution -oriented systems. Here, in particular, broadly sprinkled dividend funds or bond ETFs are considered that deliver ongoing yields. The third option is a mixed form that combines the advantages of both approaches. The asset center emphasizes that none of these variants is basically superior. Rather, which strategy fits depends on the overall financial situation, personal goals and the question of whether regular distributions are actually needed.
So investors plan the deposit conversion
Preparing a depot for retirement is not a short -term step. Holger Knaupp, Managing Director at Albrecht, Kitta & Co. Vermögensverwaltung recommends thinking about a renovation at the latest five to seven years before retirement. Anyone who acts early enough avoids having to sell shares in an unfavorable courses in a market weakness. A structured procedure makes sense: First it is determined how high the additional capital requirement in old age should be. This is followed by an analysis of the existing depot structure before the actual reader begins in the last step. Plants that enable wide diversification and at the same time generate regular distributions are particularly suitable. An increasing proportion of bonds can also help to reduce the risk.
What really matters in retirement
A retired depot requires a different direction than during the savings phase. In addition to the choice between the withdrawal plan, distribution -oriented portfolio or a mixed form, tax aspects and market risks also play a role. Distributions and capital gains are subject to capital gains tax and can noticeably reduce the available yields. In addition, the risk of price fluctuations remains, even if defensive systems such as bonds reduce volatility. Which strategy is suitable in individual cases therefore depends heavily on the personal financial situation. It is crucial to plan in time and to adapt the depot in such a way that it can secure a reliable additional income in old age.
Editor finance.net