Stocks are a long-term investment
Developments on the stock markets in recent years have shown that stock prices can fluctuate. Anyone who invests in stocks in the long term (e.g. for retirement planning)
should remain calm during temporary ups and downs in stock prices. After all, losses are only realized when you sell stocks at a lower price than you paid for them. In this respect, investing in stocks is comparable to investing in real estate. Real estate is also a long-term investment, and no one has the value of their apartment or house appraised every month just to sell the property immediately at the first sign of a decline in value.
Securities can also serve as a form of private retirement planning
Private retirement planning and wealth management have become significantly more important in Austria in recent years. Surveys by the Austrian National Bank show that long-term (retirement) planning has become the most important motivation for building financial reserves in recent years. Investing in stocks is a good option for planning for the future. It is important to start as early as possible and to invest regularly. Those who invest for the long term are less exposed to the risk of price fluctuations. And those who regularly invest the same amount in stocks will buy a larger number of shares when prices are low and a smaller number when prices are high, thereby acquiring the shares at an attractive average price.
Tax-advantaged retirement planning
To encourage increased personal retirement planning, the tax-advantaged retirement planning program was created and has been available since early 2003. Read more about the cornerstones and key features of this retirement planning model.
Further information
Features of retirement planning
Types of retirement planning
Government subsidies since 2003
Retirement planning and the capital market
Private retirement planning and economic benefits
