Key findings
The Belgians are confident about their retirement outcome
Almost two-thirds of the Belgian population are confident they will have the standard of living they desire in their retirement.
Individuals expect private retirement provisions will be necessary ...
Over one-third of the Belgian population expect to be reliant on private provisions to fund their retirement.
... but most individuals lack a clear savings plan
Less than 30% of the population are actively following a clear savings plan to fund retirement.
Confidence about investing sits at odds with the decisions being made
A large majority of the Belgian population say they are confident making investment decisions.
Yet over 35% of the population have the majority of their savings in cash.
The lure of cash is partially fear …
Fear of loss is the main reason preventing individuals from investing in stocks.
… and partially a lack of financial knowledge
Remarkably, individuals believe cash will deliver better long-term returns than stocks, despite all the evidence to the contrary. This points to a need for financial education and advice.
Principles for successful long-term investing
The key to successful investing isn’t predicting the future, it’s learning from the past and understanding the present. We present seven time-tested strategies for guiding portfolios towards tomorrow’s goals.
