Tools / Plan ahead / Chapter 24 · Retirement Across Systems
Pension sources across systems
If you have worked in more than one country, your retirement income may come from pots you own and guaranteed pensions you are entitled to, each starting at a different age. Put them in one picture.
1 · The idea
Income from each source
A pot you own converts to income through a withdrawal rate. A guaranteed pension already states a yearly amount. Add up the sources that have started by your retirement age; the rest arrive later.
The formula
Pot income = pot × withdrawal rate ÷ 12 Entitlement = yearly amount ÷ 12
- pot
- value you could draw on
- entitlement
- yearly pension a scheme states it will pay
- start age
- the age that source can first be drawn
2 · A worked example
A $240,000 pot (at 4%) gives $800.00 a month from age 60. A guaranteed $12,000 a year from 67 adds $1,000. Retiring at 65 you have $800.00 a month; at 67 it rises to $1,800.
3 · Now use your own numbers
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Illustrative, not personal advice. Inspired by Chapter 24 · Retirement Across Systems of Money, Explained From the Inside. Your figures stay in this browser. Real products add terms, taxes and conditions that this simple model leaves out.
4 · Take care
What this tool can’t see
- Rules differ by country and scheme: transferability, tax, currency risk and survivor benefits all matter. Confirm each entitlement in writing.
- Treat stated amounts for far-off dates as estimates, and check whether they rise with inflation.
5 · Go further
Where this fits
See it in a life:
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Keep the thinking going. Checklists, questions and worksheets inspired by the book, for the next time money is on the table. Part of the Reader’s Letter: a few times a year, never more.
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Chapter 24 · Retirement Across Systems
Withdrawal rates
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