Monthly Pension Dependence Remains High Among Swiss Residents
The "Retirement Monitor 2025" was published by Axa Investment Managers Switzerland on Tuesday, following a survey conducted from late May to mid-June. A total of 1,200 people participated in the survey, including 302 who were already retired.
Werner Rutsch, a member of the management of Axa Investment Managers Switzerland, provided insights in the report. According to Mr. Rutsch, a larger portion of the population estimates their own financial security for retirement to be better than in previous years.
The survey revealed that the majority of respondents (44%) prefer a secure monthly pension. Only 16% of respondents want to withdraw their entire retirement savings as capital. On average, Swiss people expect that around 58% of their last salary will be covered by the AVS and the LPP in 2025. This expectation of coverage has been steadily increasing over the past three years, according to Axa Investment Managers Switzerland.
A notable finding is that nearly a third (31%) of respondents find a combination of pension and capital withdrawal acceptable. This suggests a shift towards a more flexible retirement plan among the Swiss population.
Mr. Rutsch also highlighted that this improved outlook on retirement security is a positive trend. However, he emphasised the need for continued efforts to ensure that the average Swiss citizen can maintain a comfortable retirement.
The "Retirement Monitor 2025" by Axa Investment Managers provides valuable insights into the retirement expectations of the Swiss population and serves as a useful tool for policymakers and financial institutions in planning for the future.
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