Pensions are always on the agenda and demographic trends predict an inverted population pyramid in Spain in the next 30 years. The high life expectancy, the decrease in the number of births and a higher dependency rate anticipate the radical change of the demographic paradigm. In addition to high spending on pensions that will be combined with higher health and long-term care spending and more social aid for those over 65 years of age.
Therefore, the pension system in Spain faces several challenges that could affect future pensioners. The multinational consulting firm Mercer has concluded that Spain continues to have one of the most generous public and private pension systems as a whole, with the most sufficient and well-managed benefits, but with low financial sustainability in the medium and long term.
Workers who are active now have a difficult future outlook in the area of public pensions, given that they could fluctuate in the coming years. To help ensure that these pensions are not so low and prevent possible collapses, there are platforms that offer alternatives to complete those retirement income.
One of them is Mintos, which offers a medium-long-term investment product that presents a wide range of possibilities to users with relative security. Investing in ETFs is an alternative that allows the user to diversify across sectors, geographic regions and asset classes to potentially increase their retirement income.
Bond and stock ETFs come from renowned providers such as Amundi, iShares, JP Morgan or Vanguard, allowing clients to diversify their assets with a minimum investment of €50 and zero commissions. These types of investments stand out for their benefits compared to private pension plans due to their flexibility, liquidity, diversification, costs and transparency.
To help its users, the Mintos platform offers a Voucher to obtain €50 when investing from €1000. In addition to a bonus of 1% of the average investment that users have made in the first 90 days. The duration of the voucher will be limited until March 31.
Mintos works with industry leaders, allowing them to create a personalized portfolio for each user based on their financial goals and risk tolerance. With dynamic rebalancing of said portfolio to keep it aligned with the investor's goals.
Additionally, they offer clear transaction transparency on their platform, showing details of historical performance, ETF composition, and associated risks, among others. It also offers robust customer service and technical support to help investors at all stages of their investment journey.
*This information does not constitute investment advice or recommendations. You must make all your investment decisions independently and taking into account all your personal circumstances.
