What to do after taking out a mortgage?
Our advice for rebuilding your wealth after financing a property.
By your side, even after the purchase. Think short, medium and long term with concrete solutions.
1. Available savings to cope with unexpected events
In the short term, it is recommended to build up an ‘emergency’ savings fund equivalent to three months' salary. Accessible at any time, these savings will allow you to meet occasional needs and unexpected expenses, such as buying a new washing machine or repairing your car.
Save now, even small amounts, because as the saying goes, “Great oaks from little acorns grow”! And consider setting up a standing order to save regularly.
2. An investment fund savings plan
When taking the big step from renting to owning, take advantage of the change in your expenses to invest in investment funds.
By choosing investment funds with a fund savings plan, you make a long-term commitment with a fixed amount invested monthly in your portfolio.
We offer a wide range of diversified investment funds in partnership with leading Swiss and European institutions: Amundi and Swisscanto.
3. A suitable pension plan
If you have used part or all of your 2nd or 3rd pillar assets to finance your purchase, set up a suitable pension plan.
For example, you could consider repaying the amount withdrawn from your 2nd pillar and then making further contributions to your pension fund. Another option is to open a Pillar 3A bank account.
In addition to rebuilding your pension savings, you can benefit from tax advantages.
4. Financial planning to prepare for the future
As a Crédit Agricole next bank client, you can take advantage of our free financial planning service.
Analysis of your situation, recommendations to help you make decisions and personalised support. Tailored to each individual's objectives, financial planning is an opportunity to make informed decisions to build and optimise your wealth.