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The pension at the age of 60 no longer exists. At least there is no benefit from the statutory pension insurance.
However, those who would like to retire earlier can do so with their private pension plan. It is important to bridge the period until the age of 63, because only then can the statutory pension be paid out. There may also be restrictions for private pension contracts, depending on the choice of implementation method.
If you want to understand what you can expect from the german state pension than you can calculate it accurately with our mobile app.
You can also simulate any potential investments in the app that you could make to supplement the state pension.
Download our app and start gaining insight into your current and future finances.
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