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I found it easy to save for retirement in CH.

The employer is doing the paperwork for pillar1 and 2.

You only have to think about pillar3 and 4.

Pillar4 is what you save or invest outside the pension system.

Saving in CH, and retiring in CH is in my opinion also not the same thing.

Saving in CH and retiring in home country is an option for some Íæż½ã½ãs.

What was my mistake in CH.

It took me too much time to get started with pillar3 and 4.

The first 10K in a good stock, are the most important 10K.

In case you cannot save 10K a year in CH - act - change your employer/job/place to stay.

The dividend helps to save federal tax.

After 3 years, the dividend income may already be 1K.

After 5 years, 2K. Most CH companies try to create share holder value, my increasing dividends.

Then think, keep investing 10K, or invest 12K.

And yes, pillar4 can feel like gambling. Which stock is good, what is better?

I wish I had taken more care in monitoring my 3rd pillar accounts.

Firstly I let the first one exceed the 50,000 limit and had to pay tax when I cashed it in, and this year I am obliged to cash in two because I did not start cashing them in early enough.

My Swiss pension will give me 5% returns, but when I die my daughter will get nothing.

If I take all the cash a Swiss bank will give me less than 1% and most of it will not be protected if the bank collapses.

However, my understanding is that ANY ONE, of any nationality, of any country of residence can open a UK National Savings account with the British Government. This gives, (at the moment!) over 4% returns and is protected up to 1 million pounds sterling.

A lower rate of return for sure, but then my daughter gets a nice little nest egg...