Retirement Simulator for Germany

All amounts are in today's purchasing power: nominal returns are deflated by the inflation assumption and contributions are held constant in real terms. Statutory pension: Entgeltpunkte so far as entered from the Renteninformation, else years worked times today's points per year; future points per year = min(salary, Beitragsbemessungsgrenze 101,400 EUR) divided by the provisional Durchschnittsentgelt 2026 of 51,944 EUR, until work stops. Gross monthly pension = points times Zugangsfaktor times aktueller Rentenwert (42.52 EUR from 1 July 2026) times Rentenartfaktor 1.0. Regelaltersgrenze by birth year (65 up to 1946, plus one month per cohort to 66 for 1958, plus two months per cohort to 67 from 1964); Zugangsfaktor minus 0.3 % per month of early claiming (from 63, at most 14.4 %) and plus 0.5 % per month of deferral; with 45 insurance years no reduction from two years before the Regelaltersgrenze. The pension is indexed with wages, so it keeps its purchasing power. Health and care contributions: half of 14.6 % plus half of the Zusatzbeitrag (2.9 % default) plus 3.6 % care (4.2 % for childless members) on the statutory pension, up to the Beitragsbemessungsgrenze of 69,750 EUR; company pensions carry the full health rate on the part above the Freibetrag of 197.75 EUR a month (1/20 of the Bezugsgröße) and the care rate on the whole amount once above it; Riester and Rürup pensions carry none. Before the own statutory pension starts, an early retiree pays the full health rate plus care as a voluntary member on their contract pensions, at least on the Mindestbemessungsgrundlage of 1,318.33 EUR a month (one third of the Bezugsgröße), unless a married partner who works or draws a statutory pension covers them through the Familienversicherung (own income up to 565 EUR a month). Income tax: the taxable share of the statutory and Rürup pension is fixed by the year the pension starts (50 % for 2005, plus 2 points a year to 80 % in 2020, 81 % in 2021, 82 % in 2022, then plus 0.5 points a year from 82.5 % in 2023 to 100 % in 2058); bAV and Riester pensions are fully taxable. The engine taxes the yearly total with each stream counted at its own share, less the Werbungskosten and Sonderausgaben Pauschbeträge (102 and 36 EUR) and the deductible health and care contributions, at the 2026 §32a EStG tariff (splitting for married couples on the household's income, the partner's own pensions included when the partner block is on) plus Solidaritätszuschlag above its Freigrenze; no church tax. Contract pensions: each pot grows at its own return with its contributions (Riester with the Grundzulage of 175 EUR and the Kinderzulage of 300 EUR per child on top, in full from a Mindesteigenbeitrag of 4 % of the income less the allowances and pro rata below it) and is turned into a fixed-euro pension at retirement at capital times Rentenfaktor times 12 per 10,000 EUR. A bAV lump sum is taxed on top of the first-year pension income, at the ordinary tariff for a Direktversicherung, Pensionskasse or Pensionsfonds (no Fünftelregelung since BFH X R 25/23) and with the Fünftelregelung for a Direktzusage or Unterstützungskasse, and charged health and care contributions on 1/120 per month for ten years; the net joins the depot. Depot: the Abgeltungsteuer (25 % plus Soli, after the 30 % Teilfreistellung, 18.46 % by default) is charged on the gain share of each year's withdrawal above the Sparerpauschbetrag (1,000 EUR single, 2,000 EUR married, fixed in nominal terms); the cost basis is today's depot less the unrealised gain share you enter, plus every contribution and every net bAV lump sum, and since the basis is nominal, inflation gains are taxed as in law; withdrawals are grossed up so the spending target is met after tax. The headline income is the highest level monthly spending, in today's money, that the year-by-year run can finance to the plan age without a shortfall in any year; the run at your actual target reports the age at which the capital runs out. A married partner is simulated on the first person's age scale with their own Entgeltpunkte, claiming age and bAV; their gross salary counts while they still work, taxed in the household tariff and less the employee share of pension, unemployment, health and care contributions (about 21 % up to the Beitragsbemessungsgrenzen). Not modelled: civil servants' pensions, Grundrente, child-raising periods beyond the optional credit, Vorabpauschale credits (a timing effect on the same tax), the 30 % Riester lump sum, private health insurance, the Vorsorgeaufwand deduction of today's contributions. Estimates only, not financial or tax advice. Signed-in users are prefilled from their profile and pension accounts; until confirmed on the profile, the gross salary is estimated as the monthly net income times 12 divided by 0.65, a rough net-to-gross factor for tax classes I and IV.