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Retiring at 55 is not an easy undertaking. Both the statutory pension and the Rürup/Basis pension can be brought forward to the age of 63 at the earliest.
For occupational pensions and Riester pensions, the age of 62 applies. The time in between would have to be bridged by savings. It is generally not worthwhile to terminate a Riester pension beforehand, as all allowances and tax benefits must be paid back.
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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