The Truth About Your Public Pension Letter | Numbers & Words on Your "Renteninformation" Explained
Did you get your "Renteninformation" yet? The yearly letter from the German Public Pension is highly confusing to many expats. 😱 What does the letter say about your German public pension? 🤔 How much public pension will you get (eventually)? 🤔 How is German public pension calculating your monthly pension? 🤔 Axel tells you exactly what the German Public Pension letter says and how you can calculate your own (realistic) public pension when you retire. Request your own public pension letter: https://www.eservice-drv.de/SelfServiceWeb/ Secure extra pension points for your German Public Pension: https://www.deutsche-rentenversicherung.de/DRV/DE/Rente/Familie-und-Kinder/Kindererziehung/kindererziehung_node.html Videos Axel mentioned: German Payslip Explained | Gross Salary & Net Salary, Income Taxes, Social Security, Pension https://youtu.be/q6VPmi9G5EQ German Social Security System Explained | Health Insurance, Public Pension, Accident Insurance, etc https://youtu.be/a7kWOKlpbRk Must-Have Insurance in Germany: Disability Insurance to Provide Income When Injured or Disabled https://youtu.be/VhLNJDyxplc Taxes in Germany Explained | Income Tax, Tax Classes, Church Tax, Solidarity Tax https://youtu.be/xS5-hEwyofg Health Insurance in Germany: Public Health vs Private Health | What's Better For You? https://youtu.be/YKhOMOLphAo Which German Pension Is Best for You? | German Pensions with Scenarios for Expats Living in Germany https://youtu.be/a4jnkYIrBU0 German Pensions Level 1: Public Pension & Rürup | High Tax Benefits for Your ETFs in Rürup Pension https://youtu.be/1syxi0ATHNI German Pensions Level 2: Company Pension & Riester | Tax Benefits & Government Bonuses with Riester https://youtu.be/U6zxf2fH0cE German Private Pensions Level 3 | The Right Pension for Expats with Tax-Free Growth of Your ETFs? https://youtu.be/6INAp4tDFA0 ----- 00:00 Intro 01:00 How to get your German Public Pension letter 02:28 Contribution period & regular retirement age 02:51 Retiring earlier & later than 67 in Germany 04:34 1st number on your Public Pension letter 06:03 2nd number on your Public Pension letter 06:21 3rd number on your Public Pension letter 08:26 Will Public Pension payments rise in the future? 09:45 Public Pension vs. Inflation: What is your Public Pension really worth? 10:28 Calculation of your German Public Pension 11:19 Deductions from your Public Pension: Taxes & Health Insurance 12:44 Summary: Gross Pension vs. Net Pension ----- PerFinEx - Personal Finance for Expats The #1 English-Speaking & Independent Financial Planner in Germany ----- Set Yourself up for Financial Success! Text Us on WhatsApp: +49 175 50 30 773 Secure a Meeting with Us: https://perfinex.de/meeting/ ----- Like & Follow Us on Social Media! Instagram: https://www.instagram.com/perfinexgermany/ Facebook: https://www.facebook.com/perfinexgermany/ LinkedIn: https://www.linkedin.com/company/perfinexgermany/ ----- The content of this YouTube channel is provided for informational, educational, and entertainment purposes only and is not intended to constitute accounting, financial, legal, and/or tax advice. None of the information presented is intended to form the basis for any personal financial decision. Consult a professional financial advisor or conduct your own due diligence. PerFinEx makes no guarantee about the accuracy of the information contained in this YouTube channel or in links to other websites. Publication or reproduction of any content of this YouTube channel is strictly prohibited and punishable by law. By viewing, you acknowledge to have read this agreement, understand it, and agree to be bound by it. If you disagree in any way, you are not permitted to view our content. Neither PerFinEx, nor anyone acting on their behalf, will be liable under any circumstances. © PerFinEx. All rights reserved. Any liability excluded.
Did you get your "Renteninformation" yet? The yearly letter from the German Public Pension is highly confusing to many expats. 😱 What does the letter say about your German public pension? 🤔 How much public pension will you get (eventually)? 🤔 How is German public pension calculating your monthly pension? 🤔 Axel tells you exactly what the German Public Pension letter says and how you can calculate your own (realistic) public pension when you retire. Request your own public pension letter: https://www.eservice-drv.de/SelfServiceWeb/ Secure extra pension points for your German Public Pension: https://www.deutsche-rentenversicherung.de/DRV/DE/Rente/Familie-und-Kinder/Kindererziehung/kindererziehung_node.html Videos Axel mentioned: German Payslip Explained | Gross Salary & Net Salary, Income Taxes, Social Security, Pension https://youtu.be/q6VPmi9G5EQ German Social Security System Explained | Health Insurance, Public Pension, Accident Insurance, etc https://youtu.be/a7kWOKlpbRk Must-Have Insurance in Germany: Disability Insurance to Provide Income When Injured or Disabled https://youtu.be/VhLNJDyxplc Taxes in Germany Explained | Income Tax, Tax Classes, Church Tax, Solidarity Tax https://youtu.be/xS5-hEwyofg Health Insurance in Germany: Public Health vs Private Health | What's Better For You? https://youtu.be/YKhOMOLphAo Which German Pension Is Best for You? | German Pensions with Scenarios for Expats Living in Germany https://youtu.be/a4jnkYIrBU0 German Pensions Level 1: Public Pension & Rürup | High Tax Benefits for Your ETFs in Rürup Pension https://youtu.be/1syxi0ATHNI German Pensions Level 2: Company Pension & Riester | Tax Benefits & Government Bonuses with Riester https://youtu.be/U6zxf2fH0cE German Private Pensions Level 3 | The Right Pension for Expats with Tax-Free Growth of Your ETFs? https://youtu.be/6INAp4tDFA0 ----- 00:00 Intro 01:00 How to get your German Public Pension letter 02:28 Contribution period & regular retirement age 02:51 Retiring earlier & later than 67 in Germany 04:34 1st number on your Public Pension letter 06:03 2nd number on your Public Pension letter 06:21 3rd number on your Public Pension letter 08:26 Will Public Pension payments rise in the future? 09:45 Public Pension vs. Inflation: What is your Public Pension really worth? 10:28 Calculation of your German Public Pension 11:19 Deductions from your Public Pension: Taxes & Health Insurance 12:44 Summary: Gross Pension vs. Net Pension ----- PerFinEx - Personal Finance for Expats The #1 English-Speaking & Independent Financial Planner in Germany ----- Set Yourself up for Financial Success! Text Us on WhatsApp: +49 175 50 30 773 Secure a Meeting with Us: https://perfinex.de/meeting/ ----- Like & Follow Us on Social Media! Instagram: https://www.instagram.com/perfinexgermany/ Facebook: https://www.facebook.com/perfinexgermany/ LinkedIn: https://www.linkedin.com/company/perfinexgermany/ ----- The content of this YouTube channel is provided for informational, educational, and entertainment purposes only and is not intended to constitute accounting, financial, legal, and/or tax advice. None of the information presented is intended to form the basis for any personal financial decision. Consult a professional financial advisor or conduct your own due diligence. PerFinEx makes no guarantee about the accuracy of the information contained in this YouTube channel or in links to other websites. Publication or reproduction of any content of this YouTube channel is strictly prohibited and punishable by law. By viewing, you acknowledge to have read this agreement, understand it, and agree to be bound by it. If you disagree in any way, you are not permitted to view our content. Neither PerFinEx, nor anyone acting on their behalf, will be liable under any circumstances. © PerFinEx. All rights reserved. Any liability excluded.