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In Cyprus, the dependence of pensioners on the state pension is particularly high. It is estimated that 40%-50% of Cyprus' workforce is likely to rely solely on state pension.
In Cyprus, the dependence of pensioners on the state pension is particularly high. It is estimated that 40%-50% of Cyprus' workforce is likely to rely solely on state pension. But, is the state pension enough to ensure a comfortable retirement?
Saving for a comfortable retirement is one of the biggest concerns of our working years, as it is expected that the state pension will only be enough to cover our basic needs. Our Retirement Income Calculator can help you find out if you are saving enough and how you can increase your chances of receiving your desired income during retirement.
RETIREMENT INCOME CALCULATOR
The next Ancoria Scholarship Competition will open soon, giving the opportunity to another five lucky winners to receive scholarships of up to €1,000 for professional development trainings and courses.
The competition will be launched in October, so look out for the email announcing the opening of the entry period in the next few days!
What is your investor profile?
Our investor profile tool can help you understand your investment style.
Are you saving enough for retirement?
Find out if you are saving enough for retirement and how you can increase your chances of receiving your desired income during retirement.
Can you reduce your Income Tax by saving more?
Figure out how much you should be setting aside every year for pension contributions to fully utilise your personal tax allowance.