How can I manage my income for later?

Transcription

1 How can I manage my income for later? Step-by-step plan to the Income Planner How much income do I need later to live comfortably? What will my monthly income be? What can I do if my income is insufficient? The Income Planner will help you answer these questions. You can see at a glance how much income you will have available later and how much you will need. You will also see the choices you can make and what the consequences are. Log into My Delta Lloyd to find out. This step-by-step plan contains general information about our Income Planner. It does not concern your personal financial situation. This plan does not provide advice. You can obtain fee-based advice from a new or your current advisor.

2 Get started with your pension in 3 steps Do you want a full insight of your income for later? This step-by-step plan will help you. 3 First complete your Profile. You will then be able to see how much income you can expect later. And determine how much income you need to live comfortably. Go to My Planner. There you can compare your expected income with your desired income. See what options you have for your pension in My Planner. Such as putting aside extra savings for old age or retiring earlier. You can easily see what the consequences would be for your pension.

3 If you do not have a My Delta Lloyd account yet, you can easily create one. Go to deltalloyd.nl and click on Aanmaken Mijn Delta Lloyd. Please note this process is in Dutch only. Enter the Activatiecode (Verification Code). This is shown in the letter or that was previously sent to you. Enter the other details and follow the instructions. You will then receive an from us. 3 Please note: If you no longer have the letter or containing the verification code, call us on (00)

4 How do I log into the Income Planner? Go to deltalloyd.nl and log in to Mijn Delta Lloyd. Set your language preferences to English at the top right. Use the log in data provided in the . 4

5 Easily complete your profile How do I state whether I have a partner? Go to Income Planner and click on My profile. Click on My personal details. Check your details and select the button to indicate whether you have a partner. Your calculations will now include the right amount of Dutch State Pension. 5

6 How do I add my accrued pension(s)? 3 In My profile click on My pensions. Take a look at the two ways to add your pensions. If you want to retrieve your pensions from Mijnpensioenoverzicht.nl, click on Automatically add pension. 4 Click on Go to Mijnpensioenoverzicht.nl and download your data. Save the XML file on your computer. Then click on Add the file and add the XML file. 6

7 How are the investments for my pension doing? In My profile click on My investments. Then go to How do we invest for you? on the Investment style tab. Click on See the factsheet. (in Dutch) 3 View the results of your investments on the Factsheet. 7

8 How much risk are you prepared to take with your investments? In My profile click on My investments. And click on Start risk profiler. Answer nine questions to determine your risk profile. If your personal situation has changed, then determine your risk profile again. 8

9 How much risk are you prepared to take with your investments? 3 After determining your risk profile, go to My Planner - Investments. This will show the consequences for the spread of your expected income. You can read more about this on page 4. Please note: If your profile is not yet complete or you have not checked it recently, first go back to My Profile by clicking on the cross. Then use the menu to go to My Planner Investments. In this step-by-step plan we are now continuing with My profile. 9

10 How do I add another income source? In My profile click on My income for later. Add another income source. For example Savings or an Annuity. 0

11 How do I determine how much income I will need later? In My profile click on My desired income. View the three ways to determine your desired income. If you want to calculate how much income you expect to need later, you can use the Nibud calculation method. Click on Start Nibud calculation. You can then use the result.

12 Compare your expected with your desired income What can I do to manage my pension? View your expected income in My planner. And check whether you have a surplus or a shortfall. This is shown in the table and/or chart. Create different scenarios. View your options in the left-hand menu. Under Retirement, for example you can see the effect of retiring early. Save your scenario and view the results in the chart and table below.

13 How do I change how my pension contribution is invested? In My planner click on Investments and change the desired investment style on the Investment style tab. First specify how much risk we can take with the investments. Then choose how far we can reduce your investment risk. If you want to amend a scenario, click on Reset to initial values. 3

14 How do I change how my pension contribution is invested? 3 Next, view the results on the Spread of income tab. You can see at a glance how much you can expect to receive in three different situations (as expected, more- or less than expected). 4 You can also view the effect on your total income for later. For this go to the table or chart. Please note: Any other choices you have made in the scenario will also be included there. If you want to notify us of the change, click on Submit change. 4

15 What if I need help in making my choice? You can request help with the assistance module at the bottom of the My planner page on Investments. You can also contact your own financial advisor. At the end, you can either choose to set or reset your risk profile first or to see the effect of your choices first. 5

16 Are there any other changes I can make to my investments? If your employer has chosen relevant options, you can also use all or part of your defined pension contribution (Contribution breakdown) or all or part of your investment pension (Value statement) to purchase guaranteed pension. You will then see the tabs below. Adjust the percentage to the desired contribution. View the results in the chart or table below to see what effect this has on your pension. It is also possible to submit this change online. 6

17 How much will my partner and child(ren) receive if I die? Click on What will happen if... and see what your partner will receive in the event of your death. Or whether this would have any consequences for your child(ren). 7

18 Do you have any further questions? We will be pleased to help you! Please contact us. Telephone Delta Lloyd is open on working days from 8:30 am to 5:30 pm. Telephone number: (00) Do you have a question, complaint or compliment? csd@deltalloyd.nl Address Delta Lloyd Levensverzekering N.V. Postbus 000, 000 BA Amsterdam