Pensions made simple · Episode 20

Taxes in retirement:
the underestimated bill

Less income does not automatically mean far less tax.

The reality check

A worked example

Working life

  • Income CHF 100,000
  • Deductions CHF 29,000 (3a, buy-ins, expenses)
  • Taxable: CHF 71,000

Retirement

  • Income CHF 70,000
  • Deductions only CHF 5,000
  • Taxable: CHF 65,000
The reason

Pensions are fully taxable

100 %
AHV and pension fund pensions are fully taxable as income
The levers

Act beforehand rather than regret afterwards

1Pension buy-ins and 3a in the highest-income years
2Stagger lump-sum withdrawals over several years
3Time maintenance renovations strategically
4Domicile: a relevant factor in some cases
Good to know

Plan it as one picture

💡 From 10 years before to 5 years after retirement. That is the horizon on which your tax bill is decided – planned in a coordinated way, not with isolated steps.
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This video is no substitute for personal advice.
Baeriswyl Beratungen GmbH · Finance & pension planning · Fribourg

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