How much Riester pension will I receive?

These factors determine the amount of the Riester pension:
1. contract term
2. the amount of contributions paid in
3. investment performance of the provider
4. the sum of the state allowances

The term of the contract has the greatest influence on the amount of the pension later on. This is because the longer you pay in, the higher the sums you will receive. Tip: Have your provider calculate your expected payout well in advance of the start of your pension.

According to the Federal Government, Riester pensioners who retired in 2020 received an average Riester pension of 113 euros per month. By 2030, however, the average Riester pension is expected to rise to 267 euros per month. You should therefore plan your pension at an early stage and consider in which old-age provision components you want to invest in addition to the statutory pension insurance.

At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.

We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.


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