Plan your pension
Plan your life as a pensioner early. Get greater flexibility to choose when you would like to draw a pension.
Are you well prepared for retirement?
How can you plan?
1. Get an overview
The first step in planning is to get an overview of how much you can expect to be paid out as a pension. Try our pension calculator which collects information from the National Insurance Scheme and employers in the private sector. You can also find an overall overview in NAV (the Norwegian Labour and Welfare Administration)’s own pension calculator. (in Norwegian only)
2. Evaluate the consequences
Once you’ve got an overview, you can calculate when you want to start receiving pension disbursements. Every extra year you continue to work will have a big impact on your accrued pension benefits. The more years you work, the more pension you get.
Familiarise yourself with how long the various pensions are paid out for. Some are lifelong and some are limited to, for example, 10 years.
In addition, it is important to think about what your life situation will be like when you take out your pension. How is your health? Who do you live with, and who do you share the expenses with? How are the rest of your finances? The situation of your neighbour or colleague is not necessarily the correct option for you.
Start receiving disbursements from your DNB pension
At this stage you can start receiving disbursements of your pension from DNB. Remember that payment of your pension can start at the earliest from the age of 62 years.