How do pensions work in Germany?

Find out why your German public pension will not be enough to provide you with a comfortable life in your old age and what other options there are for retirement provision in Germany.

Dr. Chris Mulder

Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.

Published on Nov 24, 2022 Published on Nov 24, 2022 . Updated 15 days ago

Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.

Find out why your German public pension will not be enough to provide you with a comfortable life in your old age and what other options there are for retirement provision in Germany.

The three pillars of the German pension system
The essence of Germany's public pension
Riester pension: State-subsidized but beneficial in one form only
Rürup pension: A poor choice despite tax advantages
Company pension plans: Why they often don't pay off
Private pension plans have the best potential
A private pension plan invested in ETFs: The most promising addition to your retirement plan

Dr. Chris Mulder

Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.

The Cost of Pensionfriend’s Pension Plan Explained

In this article, we will focus on explaining the costs. Not only our costs, and why we opted for a very simple fee based on the size of your assets, but also why alternative cost structures with upfront, exit and hidden fees can be so detrimental for your pension.

How do pensions work in Germany?

Find out why your German public pension will not be enough to provide you with a comfortable life in your old age and what other options there are for retirement provision in Germany.

Why Company Pension Plans Don’t Make Sense in Germany

Although company pension plans are very common in Germany, in the vast majority of cases they are not worthwhile. We show you why.