[{"data":1,"prerenderedAt":446},["ShallowReactive",2],{"small-caps-p-en":-1,"article-small-caps-p-en":3,"$D6EQCOGvsU":445},{"article":4,"recommendedArticles":429},{"author":5,"authorImage":6,"authorImageWebp":7,"authorDescription":8,"authorSlug":9,"title":10,"content":11,"contentRaw":12,"slug":410,"category":411,"order":412,"publishedAt":413,"updatedAt":414,"seoTitle":415,"seoDescription":416,"seoKeywords":417,"seoImage":418,"mainPicture":418,"mainPictureMobile":418,"mainPictureWebp":418,"mainPictureMobileWebp":418,"listPicture":418,"listPictureMobile":418,"listPictureWebp":418,"listPictureMobileWebp":418,"language":419,"subTitle":417,"actionLabel":417,"actionType":417,"actionText":417,"id":417,"introduction":420,"preview":416,"tableOfContents":421,"tableOfContentArray":422},"Dr. Chris Mulder","https://a.hypofriend.de/hypofriends/dr.-christian-mulder.png","https://a.hypofriend.de/hypofriends/dr.-christian-mulder.webp","Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.","chris","Why Small-Cap ETFs Are Outperforming the MSCI World in 2026: The Pensionfriend Strategy","  \u003Cdiv id=\"table-of-contents\">\n    \u003Cdiv class=\"headline\">\n      Table Of Contents\n    \u003C/div>\n    \u003Cul>\n      \u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-are-small-caps-catching-up-in-2026\">\n    Are Small Caps Catching Up in 2026?\n  \u003C/a>\n\u003C/li>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-what-is-the-cause-of-the-small-cap-catch-up\">\n    What is the Cause of the Small-Cap Catch-Up?\n  \u003C/a>\n\u003C/li>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-how-the-pensionfriend-strategy-beats-the-msci-world\">\n    How the Pensionfriend Strategy Beats the MSCI World\n  \u003C/a>\n\u003C/li>\n    \u003C/ul>\n  \u003C/div>\n\u003Ch2 id=\"h-are-small-caps-catching-up-in-2026\">Are Small Caps Catching Up in 2026?\u003C/h2>\n\u003Cp>The first half of 2026 has marked a massive comeback for smaller companies. Fueled by shifting market dynamics and a rotation away from stretched large-cap valuations, U.S. small-cap stocks have significantly outperformed the broader market\u003C/p>\n\u003Cp>While the MSCI World delivered 8,92 % over the last six months, our favorite \u003Cb>Small-Cap ETF surged by 25,17 %\u003C/b> and over the last 12 months even 39,75 % (while the MSCI world over the past 12 months only delivered 19,85 %).\u003C/p>\n\u003Cp>\u003Cb>Year-to-Date (YTD) & 12-Month Performance Comparison (in EUR)\u003C/b>\u003C/p>\n\u003Ctable>\n\u003Ctr>\n\u003Cth>\u003Cp>\u003Cb>Asset Class / Index\u003C/b>\u003C/p>\u003C/th>\n\u003Cth>\u003Cp>\u003Cb>6-Month Return (YTD 2026)\u003C/b>\u003C/p>\u003C/th>\n\u003Cth>\u003Cp>\u003Cb>12-Month Return\u003C/b>\u003C/p>\u003C/th>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd>\u003Cp>\u003Cb>U.S. Small-Cap ETF (Pensionfriend Way)\u003C/b>\u003C/p>\u003C/td>\n\u003Ctd>\u003Cp>\u003Cb>+25,17 %\u003C/b>\u003C/p>\u003C/td>\n\u003Ctd>\u003Cp>\u003Cb>+39,75 %\u003C/b>\u003C/p>\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd>\u003Cp>\u003Cb>S&P 500\u003C/b>\u003C/p>\u003C/td>\n\u003Ctd>\u003Cp>+13,26 %\u003C/p>\u003C/td>\n\u003Ctd>\u003Cp>+28,29 %\u003C/p>\u003C/td>\n\u003C/tr>\n\u003Ctr>\n\u003Ctd>\u003Cp>\u003Cb>MSCI World\u003C/b>\u003C/p>\u003C/td>\n\u003Ctd>\u003Cp>+8,92 %\u003C/p>\u003C/td>\n\u003Ctd>\u003Cp>+19,85 %\u003C/p>\u003C/td>\n\u003C/tr>\n\u003C/table>\n\u003Cp>The following graphic shows visually how US small caps outperformed the S&P 500 over the past few months: \u003C/p>\n\n            \u003Cpicture>\n              \u003Csource type=\"image/avif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=avif&w=327 327w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=avif&w=570 570w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=avif&w=961 961w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=avif&w=1200 1200w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image/webp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=webp&w=327 327w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=webp&w=570 570w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=webp&w=961 961w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=webp&w=1200 1200w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"unnamed 15.42.25\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?w=327 327w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?w=570 570w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?w=961 961w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?w=1200 1200w,\n                      //images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?w=1922 2x\n                    \" src=\"//images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png?w=961\">\n            \u003C/source>\u003C/source>\u003C/picture>\n          \n\u003Ch2 id=\"h-what-is-the-cause-of-the-small-cap-catch-up\">What is the Cause of the Small-Cap Catch-Up?\u003C/h2>\n\u003Cp>For several years, the AI and technology boom created a highly concentrated market, boosting a select few mega-cap companies to historic valuations. However, the tides are turning for two distinct reasons:\u003C/p>\n\u003Col>\n\u003Cli>\u003Cp>\u003Cb>Stretched Valuations:\u003C/b> Investors are increasingly realizing that large-cap tech stocks are heavily priced in, leaving limited room for exponential growth.\u003C/p>\u003C/li>\n\u003Cli>\u003Cp>\u003Cb>The Practical AI Boom:\u003C/b> Small-cap companies are highly innovative and agile. As AI and automation tools become democratized, these smaller firms are adopting them rapidly to boost productivity, unlock massive efficiency gains, and drive immense upside potential.\u003C/p>\u003C/li>\n\u003C/ol>\n\u003Cp>Despite this recent rally, \u003Cb>the valuation gap has only partially closed.\u003C/b> On paper, roughly 20% of the historical valuation gap between small and large caps still remains - meaning there is still significant runway left for smaller companies.\u003C/p>\n\u003Ch2 id=\"h-how-the-pensionfriend-strategy-beats-the-msci-world\">How the Pensionfriend Strategy Beats the MSCI World\u003C/h2>\n\u003Cp>At Pensionfriend, we explicitly build independence and financial security into our clients' portfolios by maintaining a \u003Cb>50% weight in small-cap ETFs\u003C/b> for most allocations.\u003C/p>\n\u003Cp>When small caps were lagging in 2024 and early 2025, our automated, disciplined system did exactly what it was designed to do: it bought more shares while they were cheap.\u003C/p>\n\u003Ch3>\u003Cb>The Power of Regular Investing (Dollar-Cost Averaging)\u003C/b>\u003C/h3>\n\u003Cp>Consider a client who invested 100 € each month starting in January 2025.\u003C/p>\n\u003Cul>\n\u003Cli>\u003Cp>In early 2025, the Pensionfriend global portfolio briefly lagged behind the MSCI World.\u003C/p>\u003C/li>\n\u003Cli>\u003Cp>Because the portfolio maintained a fixed 50 % small-cap allocation, the client naturally accumulated a large number of undervalued shares.\u003C/p>\u003C/li>\n\u003Cli>\u003Cp>Following the 2026 small-cap rebound, that same client is now \u003Cb>5,45 % ahead of the MSCI World\u003C/b> in total returns.\u003C/p>\u003C/li>\n\u003C/ul>\n\u003Cp>We don't try to time the market. By buying heavily when small caps were undervalued, our clients are now being rewarded as the market corrects itself. \u003C/p>\n\u003Cp>Curious how a monthly savings plan could work for you? \u003Ca href=\"https://pensionfriend.de/en/appointment\">Book a call\u003C/a> with our team and we'll walk you through the numbers.\u003C/p>",{"data":13,"content":14,"nodeType":409},{},[15,24,32,49,57,204,211,228,235,242,277,293,300,316,323,332,339,382,389],{"data":16,"content":17,"nodeType":23},{},[18],{"data":19,"marks":20,"value":21,"nodeType":22},{},[],"Are Small Caps Catching Up in 2026?","text","heading-2",{"data":25,"content":26,"nodeType":31},{},[27],{"data":28,"marks":29,"value":30,"nodeType":22},{},[],"The first half of 2026 has marked a massive comeback for smaller companies. Fueled by shifting market dynamics and a rotation away from stretched large-cap valuations, U.S. small-cap stocks have significantly outperformed the broader market","paragraph",{"data":33,"content":34,"nodeType":31},{},[35,39,45],{"data":36,"marks":37,"value":38,"nodeType":22},{},[],"While the MSCI World delivered 8,92 % over the last six months, our favorite ",{"data":40,"marks":41,"value":44,"nodeType":22},{},[42],{"type":43},"bold","Small-Cap ETF surged by 25,17 %",{"data":46,"marks":47,"value":48,"nodeType":22},{},[]," and over the last 12 months even 39,75 % (while the MSCI world over the past 12 months only delivered 19,85 %).",{"data":50,"content":51,"nodeType":31},{},[52],{"data":53,"marks":54,"value":56,"nodeType":22},{},[55],{"type":43},"Year-to-Date (YTD) & 12-Month Performance Comparison (in EUR)",{"data":58,"content":59,"nodeType":203},{},[60,98,135,169],{"data":61,"content":62,"nodeType":97},{},[63,75,86],{"data":64,"content":65,"nodeType":74},{},[66],{"data":67,"content":68,"nodeType":31},{},[69],{"data":70,"marks":71,"value":73,"nodeType":22},{},[72],{"type":43},"Asset Class / Index","table-header-cell",{"data":76,"content":77,"nodeType":74},{},[78],{"data":79,"content":80,"nodeType":31},{},[81],{"data":82,"marks":83,"value":85,"nodeType":22},{},[84],{"type":43},"6-Month Return (YTD 2026)",{"data":87,"content":88,"nodeType":74},{},[89],{"data":90,"content":91,"nodeType":31},{},[92],{"data":93,"marks":94,"value":96,"nodeType":22},{},[95],{"type":43},"12-Month Return","table-row",{"data":99,"content":100,"nodeType":97},{},[101,113,124],{"data":102,"content":103,"nodeType":112},{},[104],{"data":105,"content":106,"nodeType":31},{},[107],{"data":108,"marks":109,"value":111,"nodeType":22},{},[110],{"type":43},"U.S. Small-Cap ETF (Pensionfriend Way)","table-cell",{"data":114,"content":115,"nodeType":112},{},[116],{"data":117,"content":118,"nodeType":31},{},[119],{"data":120,"marks":121,"value":123,"nodeType":22},{},[122],{"type":43},"+25,17 %",{"data":125,"content":126,"nodeType":112},{},[127],{"data":128,"content":129,"nodeType":31},{},[130],{"data":131,"marks":132,"value":134,"nodeType":22},{},[133],{"type":43},"+39,75 %",{"data":136,"content":137,"nodeType":97},{},[138,149,159],{"data":139,"content":140,"nodeType":112},{},[141],{"data":142,"content":143,"nodeType":31},{},[144],{"data":145,"marks":146,"value":148,"nodeType":22},{},[147],{"type":43},"S&P 500",{"data":150,"content":151,"nodeType":112},{},[152],{"data":153,"content":154,"nodeType":31},{},[155],{"data":156,"marks":157,"value":158,"nodeType":22},{},[],"+13,26 %",{"data":160,"content":161,"nodeType":112},{},[162],{"data":163,"content":164,"nodeType":31},{},[165],{"data":166,"marks":167,"value":168,"nodeType":22},{},[],"+28,29 %",{"data":170,"content":171,"nodeType":97},{},[172,183,193],{"data":173,"content":174,"nodeType":112},{},[175],{"data":176,"content":177,"nodeType":31},{},[178],{"data":179,"marks":180,"value":182,"nodeType":22},{},[181],{"type":43},"MSCI World",{"data":184,"content":185,"nodeType":112},{},[186],{"data":187,"content":188,"nodeType":31},{},[189],{"data":190,"marks":191,"value":192,"nodeType":22},{},[],"+8,92 %",{"data":194,"content":195,"nodeType":112},{},[196],{"data":197,"content":198,"nodeType":31},{},[199],{"data":200,"marks":201,"value":202,"nodeType":22},{},[],"+19,85 %","table",{"data":205,"content":206,"nodeType":31},{},[207],{"data":208,"marks":209,"value":210,"nodeType":22},{},[],"The following graphic shows visually how US small caps outperformed the S&P 500 over the past few months: ",{"data":212,"content":218,"nodeType":219,"asset":220},{"target":213},{"sys":214},{"id":215,"type":216,"linkType":217},"3UqH1PzOYXtHQX4LxhfTHk","Link","Asset",[],"embedded-asset-block",{"fileName":221,"details":222,"url":227},"unnamed 15.42.25.png",{"size":223,"image":224},191336,{"width":225,"height":226},1296,816,"//images.ctfassets.net/shj4zexxz7od/3UqH1PzOYXtHQX4LxhfTHk/6af6efcddf1238082052a8afc755a940/unnamed_15.42.25.png",{"data":229,"content":230,"nodeType":23},{},[231],{"data":232,"marks":233,"value":234,"nodeType":22},{},[],"What is the Cause of the Small-Cap Catch-Up?",{"data":236,"content":237,"nodeType":31},{},[238],{"data":239,"marks":240,"value":241,"nodeType":22},{},[],"For several years, the AI and technology boom created a highly concentrated market, boosting a select few mega-cap companies to historic valuations. However, the tides are turning for two distinct reasons:",{"data":243,"content":244,"nodeType":276},{},[245,261],{"data":246,"content":247,"nodeType":260},{},[248],{"data":249,"content":250,"nodeType":31},{},[251,256],{"data":252,"marks":253,"value":255,"nodeType":22},{},[254],{"type":43},"Stretched Valuations:",{"data":257,"marks":258,"value":259,"nodeType":22},{},[]," Investors are increasingly realizing that large-cap tech stocks are heavily priced in, leaving limited room for exponential growth.","list-item",{"data":262,"content":263,"nodeType":260},{},[264],{"data":265,"content":266,"nodeType":31},{},[267,272],{"data":268,"marks":269,"value":271,"nodeType":22},{},[270],{"type":43},"The Practical AI Boom:",{"data":273,"marks":274,"value":275,"nodeType":22},{},[]," Small-cap companies are highly innovative and agile. As AI and automation tools become democratized, these smaller firms are adopting them rapidly to boost productivity, unlock massive efficiency gains, and drive immense upside potential.","ordered-list",{"data":278,"content":279,"nodeType":31},{},[280,284,289],{"data":281,"marks":282,"value":283,"nodeType":22},{},[],"Despite this recent rally, ",{"data":285,"marks":286,"value":288,"nodeType":22},{},[287],{"type":43},"the valuation gap has only partially closed.",{"data":290,"marks":291,"value":292,"nodeType":22},{},[]," On paper, roughly 20% of the historical valuation gap between small and large caps still remains - meaning there is still significant runway left for smaller companies.",{"data":294,"content":295,"nodeType":23},{},[296],{"data":297,"marks":298,"value":299,"nodeType":22},{},[],"How the Pensionfriend Strategy Beats the MSCI World",{"data":301,"content":302,"nodeType":31},{},[303,307,312],{"data":304,"marks":305,"value":306,"nodeType":22},{},[],"At Pensionfriend, we explicitly build independence and financial security into our clients' portfolios by maintaining a ",{"data":308,"marks":309,"value":311,"nodeType":22},{},[310],{"type":43},"50% weight in small-cap ETFs",{"data":313,"marks":314,"value":315,"nodeType":22},{},[]," for most allocations.",{"data":317,"content":318,"nodeType":31},{},[319],{"data":320,"marks":321,"value":322,"nodeType":22},{},[],"When small caps were lagging in 2024 and early 2025, our automated, disciplined system did exactly what it was designed to do: it bought more shares while they were cheap.",{"data":324,"content":325,"nodeType":331},{},[326],{"data":327,"marks":328,"value":330,"nodeType":22},{},[329],{"type":43},"The Power of Regular Investing (Dollar-Cost Averaging)","heading-3",{"data":333,"content":334,"nodeType":31},{},[335],{"data":336,"marks":337,"value":338,"nodeType":22},{},[],"Consider a client who invested 100 € each month starting in January 2025.",{"data":340,"content":341,"nodeType":381},{},[342,352,362],{"data":343,"content":344,"nodeType":260},{},[345],{"data":346,"content":347,"nodeType":31},{},[348],{"data":349,"marks":350,"value":351,"nodeType":22},{},[],"In early 2025, the Pensionfriend global portfolio briefly lagged behind the MSCI World.",{"data":353,"content":354,"nodeType":260},{},[355],{"data":356,"content":357,"nodeType":31},{},[358],{"data":359,"marks":360,"value":361,"nodeType":22},{},[],"Because the portfolio maintained a fixed 50 % small-cap allocation, the client naturally accumulated a large number of undervalued shares.",{"data":363,"content":364,"nodeType":260},{},[365],{"data":366,"content":367,"nodeType":31},{},[368,372,377],{"data":369,"marks":370,"value":371,"nodeType":22},{},[],"Following the 2026 small-cap rebound, that same client is now ",{"data":373,"marks":374,"value":376,"nodeType":22},{},[375],{"type":43},"5,45 % ahead of the MSCI World",{"data":378,"marks":379,"value":380,"nodeType":22},{},[]," in total returns.","unordered-list",{"data":383,"content":384,"nodeType":31},{},[385],{"data":386,"marks":387,"value":388,"nodeType":22},{},[],"We don't try to time the market. By buying heavily when small caps were undervalued, our clients are now being rewarded as the market corrects itself. ",{"data":390,"content":391,"nodeType":31},{},[392,396,405],{"data":393,"marks":394,"value":395,"nodeType":22},{},[],"Curious how a monthly savings plan could work for you? ",{"data":397,"content":399,"nodeType":404},{"uri":398},"https://pensionfriend.de/en/appointment",[400],{"data":401,"marks":402,"value":403,"nodeType":22},{},[],"Book a call","hyperlink",{"data":406,"marks":407,"value":408,"nodeType":22},{},[]," with our team and we'll walk you through the numbers.","document","small-caps","pension",1,"Mon, 13 Jul 2026 12:51:55 +0000","Tue, 14 Jul 2026 08:28:23 +0000","Small Cap ETFs: Pensionfriends Way of Investing Smart","Discover the advantages of investing in small cap stocks with Pensionfriend.\n",null,"https://images.ctfassets.net/shj4zexxz7od/2tNJET0RpFfUVvPhSa0PY0/0dca40c00aea6e046c6168115c3150d1/Gemini_Generated_Image_g9wyn5g9wyn5g9wy.png","en","For the past few years, the global stock market has been dominated by a handful of tech giants who developed AIs and large-cap stocks (established companies with market values over $10 billion) were thought of as one of the best investments. While many people followed this trend, they lost the opportunity to invest in smaller companies that took advantage not by engineering another AI but by using the already existing one to get ahead in competition.\n\nAt Pensionfriend, we’ve been convinced of the power of small-cap stocks (younger, smaller companies valued between $250 million and $2 billion) for long-term retirement portfolios since our inception in 2023. Even when these stocks lagged behind the tech-heavy giants, our data-driven conviction never wavered.\n\nNow, the markets are proving why a disciplined, diversified strategy wins the long game. We will explain to you why this is. \n","  \u003Cdiv id=\"table-of-contents\">\n    \u003Cdiv class=\"headline\">\n      Table Of Contents\n    \u003C/div>\n    \u003Cul>\n      \u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-are-small-caps-catching-up-in-2026\">\n    Are Small Caps Catching Up in 2026?\n  \u003C/a>\n\u003C/li>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-what-is-the-cause-of-the-small-cap-catch-up\">\n    What is the Cause of the Small-Cap Catch-Up?\n  \u003C/a>\n\u003C/li>\u003Cli>\n  \u003Ca @click.prevent=\"$root.$emit('scrollAnchor', $event)\" href=\"#h-how-the-pensionfriend-strategy-beats-the-msci-world\">\n    How the Pensionfriend Strategy Beats the MSCI World\n  \u003C/a>\n\u003C/li>\n    \u003C/ul>\n  \u003C/div>\n",[423,425,427],{"key":424,"value":21},"#h-are-small-caps-catching-up-in-2026",{"key":426,"value":234},"#h-what-is-the-cause-of-the-small-cap-catch-up",{"key":428,"value":299},"#h-how-the-pensionfriend-strategy-beats-the-msci-world",[430,432,437],{"slug":410,"title":10,"listPicture":418,"listPictureMobile":418,"listPictureWebp":418,"listPictureMobileWebp":418,"preview":416,"category":411,"categoryCode":431},"p",{"slug":433,"title":434,"listPicture":435,"listPictureMobile":435,"listPictureWebp":435,"listPictureMobileWebp":435,"preview":436,"category":411,"categoryCode":431},"retirement-age-germany","What is the Retirement Age in Germany? Now and in the Future?","https://images.ctfassets.net/shj4zexxz7od/5ILtUH7c8boWDepXODCp1n/b73d2b6876a2e147de39a32167fdd812/retirement-age-germany-pensionfriend.png","Read about the current retirement age in Germany for the public pension system and what happens if you retire earlier than that.",{"slug":438,"title":439,"listPicture":440,"listPictureMobile":441,"listPictureWebp":442,"listPictureMobileWebp":443,"preview":444,"category":411,"categoryCode":431},"private-pension-insurance-in-germany","The Expert Guide to Private Pensions in Germany (2026)","https://images.ctfassets.net/shj4zexxz7od/5Y4iLsQSQRmaSPJXfllK8j/33abf3974cdf4685a248835017840004/list_image_-_private-pension-insurance.png","https://images.ctfassets.net/shj4zexxz7od/4GLVjMa76iXIbKst55A6Lw/5f03f9bbeb073d1aefb8a21bd1c594f8/list_image_mobile_-_private-pension-insurance.png","https://images.ctfassets.net/shj4zexxz7od/6JcuLKVYcjQqsZSU8Rj8E2/2e3cf4a5e9209f08e4ef52f1c8eff866/list_image_-_private-pension-insurance.webp","https://images.ctfassets.net/shj4zexxz7od/4FsHGGAFglHwTWXUChXNbG/3876223e4910d5bae31fbc33cc64e76c/list_image_mobile_-_private-pension-insurance.webp","Find the best pension plan and retirement insurance in Germany using tax efficient ETF investments with a flexible payout. Learn what pitfalls to avoid.",{},1787214974252]