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There is no minimum state pension in Germany. But old people in need can apply for the “Grundsicherung”, which is a type of social security. It takes into account the minimum basic income to live, which changes from year to year, and tops up your income to make sure you meet the basic income to live. If you have any assets, it will require you to live off (spend) all these assets before granting you the minimum state pension. The Horizon65 app calculates the minimum state pension for you.
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.
Horizon65 for iPhone
Horizon65 for Android