The amount of your pension is not fixed and may change. In addition to changes in your private or work situation, there are also developments which are outside your control. These developments can affect the amount of your pension. We would like to explain these risks and their influence on your pension to you.
Inflation decreases the value of money each year. This also applies to your pension. Think about it: you can buy less with €100 than you could ten years ago. Therefore your pension loses some of its purchasing power. You may think now that your pension will be sufficient, but be aware that your pension will lose some of its purchasing power due to inflation.
Your pension may (partly) be used for investments. Investing is never without risk: at this moment you do not yet know the final value of your investments. Depending on the choices made by your employer, you yourself can decide how much risk you want to take. This allows you to determine your own risk profile.
Are you about to retire? The pension amount you will receive does not only depend on the value of the investments, but also on the interest rates at that time. The lower the interest rate at that time, the lower the pension will be.
Are you about to retire? The pension amount you will receive does not only depend on the value of the investments, but also on the life expectancy of the Dutch population. People are living longer and therefore receive pension for a longer period of time. The pension will be lower because we have to use the same amount of money to pay out your pension for a longer period of time.