On Mijnpensioenoverzicht.nl, Ruud can see his expected Dutch state pension (AOW) and the pension he has built up through his current and previous employers.
In this example, Ruud expects to receive:
approximately €1,100 gross per month in Dutch state pension (AOW)
approximately €3,100 gross per month in employer pension
Together, this amounts to approximately €4,200 gross per month. This is less than the €4,700 gross per month Ruud would like to receive later.
"},"textLinks":[{"text":"See what you can expect","url":"https://www.mijnpensioenoverzicht.nl/nl"}]},{"componentType":"sectionTitle","title":"Ruud decides to build up additional pension"},{"componentType":"paragraph","richBody":{"value":"Ruud wants to continue enjoying his hobby later, perhaps travel and avoid making major sacrifices to his current lifestyle. He plans to build up additional pension to reduce the difference between his expected and desired retirement income. Since he still has several years until retirement, he explores whether Pension Investing could be suitable.
With Pension Investing, he sets money aside for later. Does he have a fiscal annual allowance? If so, his contribution may provide tax benefits, subject to conditions.
"}},{"actionAccordionList":[{"paragraphs":[{"componentType":"paragraph","richBody":{"value":"Suppose Ruud:
makes a one-off contribution of €10,000;
also contributes €300 per month;
does this for 10 years;
invests with a balanced risk profile.
He will contribute a total of €46,000 to his pension account.
In an average investment scenario, his pension capital could grow to approximately €61,000 after 10 years.
If Ruud then uses this capital for periodic payments over 10 years, this would amount to approximately €510 gross per month. He would still pay income tax on these payments.
This additional income could help reduce the difference between his expected and desired retirement income.
Please note: the value of your investments may fluctuate. Past performance is no guarantee of future results. Investing involves risks and you could lose all or part of your contribution.
And the tax benefits?
In the first year, Ruud contributes €13,600 to his pension account (€10,000 as a one-off contribution and €300 per month). He then contributes €3,600 each year. If he has sufficient fiscal annual allowance, he may deduct these contributions on his tax return.
Because his income of €80,000 falls within a 49.50% tax bracket*, this provides approximately €6,730 in tax benefits in the first year. In each subsequent year, he receives approximately €1,780 back from the Dutch Tax Administration.
Over 10 years, Ruud contributes a total of €46,000 to his pension account and receives approximately €22,800 in tax benefits. Ruud's net cost is therefore approximately €23,200, while in this example he builds up more than €60,000 in additional pension capital.
Please note: the results above are not guaranteed. They are projections of what you may achieve with Pension Investing and are based on current tax rules, which may change. You pay income tax on payments from pension capital. The tax rate applicable to you at that time will depend on your personal circumstances.
What could Pension Investing provide for Ruud?
"}}],"componentType":"actionAccordion"},{"componentType":"sectionTitle","title":"Why does Pension Investing suit Ruud?"},{"componentType":"productFeatures","highlighted":false,"items":[{"body":"he wants to build up additional pension alongside his employer pension"},{"body":"he can afford to set the money aside until retirement"},{"body":"he has a fiscal annual allowance and may therefore be able to benefit from tax benefits"},{"body":"he accepts the risks of investing, which means the value of his investments may go up or down"}]},{"componentType":"sectionTitle","title":"Would you like to build up additional pension?"},{"componentType":"paragraph","richBody":{"value":"Find out how ING Pension Investing works, what the benefits, costs and risks are, and whether it could suit you.
"}},{"componentType":"cta","textLink":{"text":"Discover Pension Investing","url":"/en/personal/investing/investments-at-ing/pension-investing"}},{"componentType":"sectionTitle","title":"You may also be interested in"},{"cards":[{"cardSize":"small","cardType":"product","componentType":"productCard","image":{"altTextNL":"\"\"","extension":"jpg","original":"https://assets.ing.com/asset/3da0809a-5aa5-4b19-866f-ad50ea78b2bb/686820643.jpg","publishedAt":"2016-08-16T19:52:47Z","transformBaseUrl":"https://assets.ing.com/transform/3da0809a-5aa5-4b19-866f-ad50ea78b2bb/686820643","type":"image","updatedAt":"2023-12-21T19:34:47Z","width":4032},"intro":"Find out how to check whether you have a pension gap","link":{"url":"/en/personal/investing/investments-at-ing/do-i-have-a-pension-gap"},"title":"Do I have a pension gap?"},{"cardSize":"small","cardType":"product","componentType":"productCard","image":{"extension":"jpg","original":"https://assets.ing.com/asset/3d63c50f-0e68-4e27-8876-272bbce1c5da/young-man-using-mobile-phone-while-standing-in-office.jpg","publishedAt":"2023-04-25T09:58:40Z","transformBaseUrl":"https://assets.ing.com/transform/3d63c50f-0e68-4e27-8876-272bbce1c5da/young-man-using-mobile-phone-while-standing-in-office","type":"image","updatedAt":"2025-05-22T09:32:23Z","width":1700},"intro":"Schedule a personal conversation to discuss your pension questions","link":{"url":"/en/personal/financial-health/insight-conversation-theme-pension"},"title":"Pension Insight Conversation"},{"cardSize":"small","cardType":"product","componentType":"productCard","image":{"extension":"jpg","original":"https://assets.ing.com/asset/e2cc4896-607f-4e91-86b7-bebe18ad5202/Adviseur-Vermogensbeheer.jpg","publishedAt":"2019-08-28T00:00:00Z","transformBaseUrl":"https://assets.ing.com/transform/e2cc4896-607f-4e91-86b7-bebe18ad5202/Adviseur-Vermogensbeheer","type":"image","updatedAt":"2024-05-14T18:08:35Z","width":5700},"intro":"Explore the potential tax benefits of Pension Investing","link":{"url":"/en/personal/investing/investments-at-ing/the-tax-benefits-of-pension-investing"},"title":"Tax benefits"}],"componentType":"cards"},{"componentType":"sectionTitle","title":"Good to know"},{"componentType":"paragraph","richBody":{"value":"Investing involves risks and costs. You could lose all or part of your contribution.
"}}]},"hasMacro":false,"id":"bc87e0b4-7d51-423c-8ab8-fd073f88691a","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Start investing at ING","url":"/en/personal/investing/investments-at-ing"}},"componentType":"productHeader","coreHeader":{"body":"Ruud (56) has been employed for many years. During his career, he has worked for several employers and has therefore built up pension in different places. He wonders whether he still has a complete overview. He currently works four days a week and spends the other day on his hobby. When he retires, he wants to continue having enough time and money for the things he enjoys.","headerImage":{"extension":"jpg","original":"https://assets.ing.com/asset/139a6de5-97e9-4130-8a42-d20e963d76a7/Senior-Businessman-Working-in-a-Cafe.jpg","publishedAt":"2026-09-10T12:03:23Z","transformBaseUrl":"https://assets.ing.com/transform/139a6de5-97e9-4130-8a42-d20e963d76a7/Senior-Businessman-Working-in-a-Cafe","type":"image","updatedAt":"2026-09-10T12:04:09Z","width":4500},"title":"Will I have enough income after I retire?"}},"publishDate":"2026-10-01T14:26:42.753+02:00"}}