Generation X: From Vinyl Records to Future Savings

Idealistic, independent, and responsible. These are just a few of the positive traits often highlighted when it comes to those born in the 1960s. Want to know a bit more about the background to your way of thinking when it comes to saving? Follow along! 

What’s the story?

You 60s individuals have truly experienced the market’s roller coaster with the oil crisis, the real estate bubble, and the financial crisis. This may have shaped your savings to be both cautious and strategic. You are known, among other things, for being pragmatic, reliable, and caring about your loved ones.

If a person saves 2,000 SEK per month from the age of 60 and receives an annual return of 5%, it can amount to 136,012 SEK by the age of 65. We have not accounted for fees and have assumed an annual return of 5%. This calculation should be seen as inspiration, not as advice or recommendation. The market can go both up and down, and past performance is no guarantee of future returns.

Do you want to add some extra comfort to your retirement?

There are several flexible savings options that are suitable for those who want to influence their future finances. One example is a private endowment insurance. Many appreciate that you can decide how and when your payments will be made. Additionally, it includes repayment protection that can provide extra security for your loved ones.

Here you can read more

Considerations regarding risk

Investing in funds involves risk. Historical returns are no guarantee of future returns. The money invested in the fund can both increase and decrease in value, and it is not certain that you will get back the entire amount invested.