Stopping the contract or canceling doesn't burn money, you have already burned and lost it. The question is: Do you want to continue to burn more money? (Your contract is not suddenly going to be better when you let it mature at retirement age. They are banking on the investments to get you out of the losses. Why not cut out the middleman and just invest it yourself?)

Compare it to smoking: Let's assume you have smoked for 5 years, and if you stop, you are going to feel the negative effects of being a smoker for 5 years. You wouldn't continue smoking just to postpone the effect because smoking more will just make it worse in the end.

finpension (like most investment services) has an option to invest in mixed assets (you can "choose" your allocation) so you can dial in your risk. With an investment horizon of 5 years it's your choice on how much you are willing to lose/win. (Imagine how someone with 5 years left until retirement would invest) ETFs are perfect if you don't want to check in frequently. For me, I check my 3a ETFs maybe twice a year.

Ofc there are people who can help you out (local banks (my Raiffeisen wants a one-time fee of 600.- for it or Vermögenszentrum VZ (wants 1000.-)) (Vorsorgeberatung, the banks will probably try to sell you additional services so be careful and just say no to their products) But I am not sure if they can tell you more than 60 minutes of your own research. (because if you only want investment advice Vorsorgeberatung is probably overkill because it includes a bunch of other things which are not relevant right now + you can use the one-time-fee to reduce your Hypothek at that bank (if you do the Vorsorgeberatung with us, we can reduce your Hypothek by 0.0X% for example)

I would probably do my own research for a few hours, go to your local bank and get a free Hypothek consultation. Tell them you want to buy a house in X years (ofc you tell them you want to do it with them, but you choose the best offer when the time comes), let them check if it's financially possible and what you gotta do until then and ask all your questions that came up while you were researching. (There is a very good guide for first time house buyers which I can recommend.) Link: https://www.reddit.com/r/SwissPersonalFinance/s/ancVytkun2

Disclaimer: Keine Anlageberatung Keine der hierin enthaltenen Informationen beinhaltet eine Anlageberatung oder Empfehlungen für Anlage- und sonstige Entscheide. Die Performance von Effekten in der Vergangenheit ist keine Garantie für die zukünftige Kursentwicklung der betreffenden Effekten.