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Baby Boomers: From Vinyl Records to Future Savings

Responsible, independent, and economical. These are just a few of the positive traits often highlighted when it comes to those born in the 1950s. 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 50s 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. In addition to what has already been mentioned, you are also known for being loyal, hardworking, and communicative

If a person saves 2,900 SEK per month for five years and the annual return on the savings is 5%, it means that the money could have grown to 197,218 SEK. 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 save for yourself or someone you care about?

If you want to start saving, there are several flexible savings options to choose from. One example is a private endowment insurance. Many appreciate that you can decide how, when, and to whom your payments will be made. Additionally, it includes repayment protection that can provide extra security for your loved ones.

Visit the savings guide
* The guide is in Swedish

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.