Frequently asked questions

TER is a shorthand for total expense ratio and is the industry standard for comparing annualized costs.

Yes, you can adjust your contributions at any point in time.

Yes, our experts are able to point out which investment plans have tax advantages and which one do not. In the app you can also se...

Our application is designed to enable you to do everything on your own, from the exploration of investment possibilities, comparin...

Yes, the solution we recommend has more than 800 ETF’s that you can chose from.

Any investment you can contract through our app is offered by a BaFin regulated firm. As such, the firm will have many safeguards ...

Yes, we have no affiliation with any provider and we often recommend combinations of different providers to achieve desired goals ...

Yes, as an independent broker we can offer any plan on the market and given our technology we are able to rank them for most benef...

The setup fee can be paid separately or it can be deducted from your initial monthly payments. If you are not able or willing to p...

If you have chosen a solution that qualifies for a tax refund, then you will receive an annual certificate for the tax authorities...

The government allows you to tax-deduct retirement investments that meet certain criteria, should you pick this solution then for ...

These are examples based on our average client which is a high-income, earning 75k per year, 32 year old working and living in Ger...

The science of long-term forecasting does not work when dealing with individual investments such as shares and crypto. By definiti...

As a company we don’t take position on what you should or should not invest in. The app includes both sustainable and traditiona...

Great question, we prefer to hire senior people with years of industry expertise but also with mindset to help the client. We take...

Yes, we are licensed to operate as an investment broker.

No, we do not manage your money. Any investment you can contract through our app will be a BaFin regulated firm. This firm will ha...

Should Horizon65 cease to exist then your finances are not affected, we only provide calculation and act as a point of contact to ...

The landlord only needs a simple Schufa information leaflet of the future tenant. This can be requested for free online. Do you wa...

The landlord can pass on additional costs through the “Nebenkosten” to the tenants. These additional costs have to be calculat...

Usually, the landlord pays building insurance and it can not be passed on to the tenant. Do you want to protect yourself against m...

In Germany, tenants pay a basic rent known as a “Kaltmiete” (cold rent) as well as additional costs. The additional costs, war...

There is a general housing shortage in Germany. Depending on the type of real estate it can very between different groups of indiv...

Money loses value overtime due to inflation. Individuals who benefit from inflation are in particular are debtors – someone ...

ETFs depict a certain index. This means the return of the ETF depends on the development of the index. As each ETF represents a di...

In Germany, tenants pay a basic rent and additional costs. These additional costs are called “Nebenkosten”, and can include he...

The easiest way to save money on a monthly basis is with an ETF investment plan. An ETF pension plan is the best option if you wan...

Normally, inflation is depicted in percentages and shows how much the prices of services and goods have increased. To combat infla...

In Germany, a mortgage, known as “Hypothek” or “Hypothekendarlehen,” is a loan provided by a bank or finan...

Property tax is set as an operating cost and can therefore be passed on to the tenants as ancillary costs. Do you want to calculat...

As soon as the annual profit exceeds €17,500. Under this, the landlord is considered a small business owner according to §19 US...

Rental income is determined as commercial income in Germany in two ways. Either you are an organisation that rents out, or if the ...

The inflation rate in Germany is calculated by the Federal Statistical Office using the consumer price index (CPI). The CPI measur...

The landlord must pay back the deposit within a reasonable time. The absolute maximum is six months. The landlord can hold back th...

A yield in the context of investments shows the investor exactly how much their investment has grown in a timewindow. A yield is c...

Rental costs in Germany are separated into basic rent and ancillary costs (household bills). Together these two cost types make up...

As a renter, you need household contents insurance, liability insurance, legal expenses insurance and rental deposit insurance in ...

The amount of rent you as a landlord can ask for depends on multiple factors. The three major factors influencing rental price are...

As a completely private contract, your private pension is in no way dependent on your work. If you work or not is of no concern fo...

Yes, if you want to do so.

Yes, this is always possible. To use the tax benefits, however, it would be necessary to own the plan for more than 12 years and w...

That is not directly possible. But you can quit the contract and receive the capital as an immediate payout.

Why not? IF you have enough income to finance them both, there is no problem with using them at the same time.

Of course! Both pensions are not directly related and be used at the same time. There are no negative repercussions to doing so.

Yes, that is very much possible and can be done at any point in time.

In the event of a divorce, unless specified otherwise in the marriage contract, the pension entitlements earned during the marriag...

Unless the couple has agreed otherwise in the marriage contract, the pension entitlements that arose during the marriage are share...

The choice to tap into your private pension may seem enticing, but caution must be exercised. The forfeiture of tax benefits and t...

In Germany, you have the option to receive your private pension insurance payout before the age of 55. However, this option may re...

The temptation to unlock the vault of your private pension may be great, but beware, dear reader. Forfeiting tax benefits and incu...

In Germany, you can choose to receive your private pension insurance payout earlier than planned. However, this choice may result ...

Yes, you can access your private pension at any time, but keep in mind that you may forfeit some tax advantages and may have to pa...

Not directly. But is usually no problem to give the capital from the contract to your child or other heirs. Provisions in this dir...

Yes, private pensions are one of the best options to build your own old-age provision. They combine flexibility and tax benefits a...

Yes, they will be taxed. But you can use several benefits to reduce your burden.

Yes, a private pension will be taxed. But the used rate can be far lower than the one used for an investment without this framewor...

Private pensions in the UK are protected by the Financial Services Compensation Scheme (FSCS), the Pension Protection Fund (PPF), ...

No. Private Pensions themselves are not index-linked. But it is possible to use them to invest in index-based assets like ETFs.

If a private pension goes up, depends on the used investments. A main benefit of the private pension is its flexibility. But this ...

No. In Germany, the contributions to a private pension are not tax-deductible. However, it is possible to receive a substantial ta...

The access to private pension is always possible. At any time can this contract be dissolved, and the money used for other purpose...

A private pension is a savings plan. By paying money into this contract and reinvesting profits, it will over the time accumulate ...

Since it is your private property, it usually falls into your estate and can be paid to your heirs.

The money left will go to your heirs. However, some people willingly waiver this arrangement, to receive a higher payout during th...

Unless you insisted on a different regulation, the remaining capital will be paid to your heirs. As it is part of the estate.

Yes, a private pension will be taxed. However, if you hold the plan for more than 12 years and are over 62, you can save up to hal...

The best way to start a private pension, is to contact a dedicated financial advisor, like Horizon65. We can help you find the bes...

The best way to start a private pension, is to contact a dedicated financial advisor, like Horizon65. We can help you find the bes...

In Germany, most insurance companies and banks offer their own version of a private pension. But it would be good to talk with a d...

You pay a certain amount into your pension contract once or monthly. This is invested and the profit reinvested. When you retire, ...

Yes, it is possible to withdraw your private pension anytime. However, you may lose some of the tax benefits. It is also possible ...

By definition, private pension insurance is not insurance in the strict sense, but rather a savings plan. You pay certain contribu...

Interest rates can have a significant impact on a country’s currency. When a country’s central bank raises interest ra...

Quantitative easing, or QE, can affect interest rates in a few different ways. When a central bank engages in QE, it buys financia...

Deflation can have a significant impact on interest rates. When prices are falling, it can lead to a decrease in demand for goods ...

The central bank controls interest rates through a variety of tools, including open market operations, the discount rate, and rese...

Expansionary monetary policy can lead to an increase in interest rates, but it depends on the specific circumstances. When a centr...

The European Central Bank (ECB) interest rate, also known as the “main refinancing rate,” is the rate at which the ECB...

When interest rates increase, borrowing costs for businesses and consumers also increase. This can lead to slower economic growth,...

The money supply refers to the total amount of money available in an economy at a given time. When the money supply increases, the...

“To calculate the Consumer Price Index (CPI) inflation, take the current CPI and divide it by the CPI from a previous period...

The money supply, or the amount of money available in an economy, can affect interest rates. When the money supply is high, intere...

Interest rates are increased by central banks, such as the Federal Reserve, to control inflation and stabilize the economy. When i...

A good interest rate on a credit card is typically below 15%. However, the average credit card interest rate is around 17%. ItR...

The Federal Reserve (Fed) controls the federal funds rate and the discount rate. The federal funds rate is the interest rate at wh...

The money supply, or the total amount of money in circulation in an economy, can affect interest rates in several ways. An increas...

The Federal Reserve (Fed) changes interest rates at the Federal Open Market Committee (FOMC) meetings, which occur about eight tim...

A fixed interest rate is a rate at which the interest on a loan or deposit account is set at a specific percentage for the entire ...

No, you cannot deduct a loan or the interest of a loan from the tax. Only rental properties allow the deduction of the interest pa...

Yes, but only company cars and cars used for commercial purposes can be written off. If you buy a car for private use only then th...

No, because the will and estate are private matters for the testator. The Notary fees are not tax deductible.

In general, car repair expenses are not tax deductible as a personal expense. However, if you use your car for business purposes, ...

Some expenses for pet care may be deducted as part of “household-related services”. But please be aware that certain items, li...

In Germany the capital gains tax “Abgeltungsteuer” does not allow the deduction of expenses. If you want to do it, all capital...

If you can no longer work or can only work to a limited extent after cancer, you can apply for a reduced earning capacity pension....

Your pension amount in the SPS depends on the following factors: contributions paid, duration of payments and retirement age. Howe...

Occupational disability insurance always pays out if a doctor or expert declares you to be at least 50% unable to work and this is...

“Here it is worthwhile to look closely – protection against occupational disability is basically part of the services ...