8Mon·

How much gravel do I have to put in the $IWDA (-0.22%) or $VWRL (-0.33%) or $VWCE (-0.22%) or $HMWO (-0.27%) to be able to retire early?

Here is a link where you can calculate and set your goals :)

https://www.parqet.com/rechner/

Info: Haven't checked it for accuracy yet - if anyone reads this at all, competitors and all...

Maybe also something for @KevinE and @Epi

11 Comments

Kevin E.@KevinE

8Mon

The calculator is basically not bad. In my opinion, it is also perfectly adequate for a rough overview/planning. In the coming parts of my "Financial freedom" series, however, I will go into more detail on some points that are not insignificant for many people (including pension entitlements that you have already earned).

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devnerd_daddy@devnerd_daddy

7Mon

@KevinE Absolutely. As much as people complain about pensions, they still get something out of it. Other factors also play a role. For example, I'm currently well below the amount I need, but I bought my own home cheaply and am modernizing it to reduce operating costs. You shouldn't forget that operating costs are subject to inflation and therefore generate negative returns. The same applies to your own electricity production.

But I also found it good for an overview 🙃

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Kevin E.@KevinE

7Mon

@devnerd_daddy Yes, a "zero pension" is inconceivable for me. I'm pessimistic myself and expect less than the pension statement. But it's not realistic that there will be nothing. The impact on large sections of society would be huge - no policy will be able to risk that. "Survival" has to be guaranteed somehow.

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“Klaatu_Barada_Nikto!“@Ash

8Mon

Thank you! I love gimmicks like this 😍

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Pope Donkey XXI@DonkeyInvestor

8Mon

It's really ridiculous. I select the ETF calculator and have to enter the interest rate manually 🤦.

I might as well use the services of https://m.zinsen-berechnen.de/.

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Alpalaka@Alpalaka

8Mon

@DonkeyInvestor do i hear a mimimi?

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Pope Donkey XXI@DonkeyInvestor

8Mon

@Alpalaka one? Seven!

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Alfred E.@Papiertiger

8Mon

I can't realistically manage the 3 million (for a monthly withdrawal of €5,000) in ~ 20 years by being employed. So what the heck, as much as I can 🤓✅

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Kevin E.@KevinE

7Mon

@Papiertiger Is €5k your pension gap?

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Alfred E.@Papiertiger

7Mon

@KevinE for 2 (better half only part-time) roughly estimated with inflation 4-5k. You still have to roughly deduct 15-20% (full contribution AG/AN) for health insurance, if I'm not mistaken 🤯

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Kevin E.@KevinE

7Mon

@Papiertiger How many years would you have to pay KV yourself? Depending on the case, this is usually covered again when you retire.
At https://frugalisten.de/krankenversichert-als-privatier/

there are some clues. Sorry that I can't be more specific, but of course I don't know your individual situation.

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