Investment Path Your money, in perspective

Pension gap Germany

How big is my pension gap, and what closes it?

Example

Your pension gap a month, in today's money

€1,000
Start from the net pension on your Renteninformation, or the one the pension calculator works out. The rest of the income you want has to come from somewhere else; this shows how much, and what it takes to save for it.As of · Reader-selected planning assumptions and 2026 tax rules

Your pension and the income you want

Monthly amounts after tax and contributions, in today's money.
Return, inflation and withdrawals

Your pension gap a month, in today's money

€1,000 The part of the income you want that the pension does not pay.
Portfolio that fills the gap€344,125at a 4 % withdrawal rate, after estimated tax, in today's money
Monthly saving that builds it€682every month for 25 years, on top of the savings you have
How often it lasts82 %of 4,000 modelled markets last the full 25 years, at 15 % yearly swings

In the unluckiest tenth the money runs out after 21.5 years.

Open this plan in the Full Simulator

What this answers

How much of the income you want the pension leaves open

The gap is the income you want less the net pension, both in today's money. The portfolio is the one whose first year's withdrawal, after tax on the gain, pays the gap; the saving is what builds that portfolio by your retirement date at the return you chose.

Where the pension comes from

Your Renteninformation, or the pension calculator

The Renteninformation the Deutsche Rentenversicherung sends from age 27, once five years of contributions are on record, states a gross monthly amount. The pension calculator turns Entgeltpunkte into a net amount and carries it here.