When do I have to start saving for retirement?
If you have ever wondered when to start saving for retirement, the answer is simple: as soon as possible. Why? Because the more time you spend saving, the more time your savings have to work for you. Persevere with your saving and seek advice if you have doubts.
The best way to start building up capital for the future is to do so as soon as possible and in a constant and systematic way, making regular contributions. In other words, time and perseverance are essential when saving for retirement.
It is important to keep in mind that the sooner you start to save, the more money you will have working for you. It's about giving your savings time to grow. If you start early, the effort that must be made is less and the accumulation of capital for retirement is greater. Why? Because, among other aspects, when investing in the long term the expected increase in the value of equity investments is greater.
It is essential to obtain advice and understand, for example, what state pension you will receive when you retire. This is why we have a pension calculator, which makes an accurate estimate of the amount. This provides new information that can be used when making decisions about the retirement saving strategy that should be adopted. Undoubtedly, adequate planning of savings helps to maintain your standard of living once retired.
Pension plans, systematic individual savings plans (PIAS) and individual insurance policies for long term saving (SIALP) are three private savings tools that will help you to plan for your future retirement correctly.
Do your simulation: Do you want to know how much you will receive when you retire?
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Pension plans
Generate savings for your retirement that will supplement your state pension.
On the date of retirement, although it can be brought forward in other specific situations.
Important income tax savings.
Systematic Individual Savings Plan (PIAS)
Through flexible systematic contributions, the holder can generate capital for the future. The return will be based on the linked investment.
Immediate. It allows partial and full redemption, and the redemption value will be based on the market value of the investment.
Important tax advantages if a life annuity is chosen, at least 5 years after the first contribution.
Individual Insurance Policy for Long Term Saving (SIALP)
Through systematic and flexible contributions, the holder can generate capital for the future. The return will be based on the guaranteed technical interest rate.
Immediate. Only full redemption is allowed.
Important tax advantages if, at the time of redeeming the capital, at least 5 years have passed since the first contribution.
Frequently asked questions
It is a document that contains the conditions of the insurance. It comprises, inseparably, the general conditions, the specific conditions and, where applicable, the special conditions and/or the subscription certificates, as well as the supplements that modify or complement the previous ones.
This is a contract that allows you to insure capital to cover unforeseen situations in the event of death (or disability, if this coverage is included).
A pension plan is a product that allows you to save comfortably so you can have capital or income when you retire or in the event of disability and, when you die, so your beneficiaries can have it. Pension plans are also currently a product that allow you to maximise savings on your income tax returns.
Life insurance is an immediate, easy and affordable way to guarantee future financial security for people close to us who are financially dependent upon our income.
To facilitate the assignment of beneficiaries in the event of death, at the time of signing the contract we will provide you with a form where you can specify them. You can change these names as many times as you wish.
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Why 
More than 100 years of experience in retirement
We have been helping people prepare for their retirement and offering personalised advice for over 100 years.
We are leaders
VidaCaixa is the largest insurance group in the country and first in the life insurance and pensions rankings.
Committed to our customers
We are the private entity that makes the most payments: about €4 billion each year.
We are the best pension fund manager
The quality of our management can be seen from the more than 25 internationally prestigious awards, including best pension fund manager, and the trust of so many customers.
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