I have a wonderful company pension plan, which my employer even supports 100%. I pay €90 a month and my employer pays €90 a month. So a total of €180 a year.
Every year I look forward to the report and the projection of my bav. If I continue to pay in like this for the next 35 years, I will receive a lifelong pension of €250 per month. Of course, this still has to be taxed and €180 today vs. €250 in 35 years - well, there's no need to mention inflation.
I'm annoyed every month that I have to give away €90 of my salary. I would probably be better off with €50 a month in MSCI World instead of €180 bav (regardless of the additional flexibility).
Every year I look forward to the report and the projection of my bav. If I continue to pay in like this for the next 35 years, I will receive a lifelong pension of €250 per month. Of course, this still has to be taxed and €180 today vs. €250 in 35 years - well, there's no need to mention inflation.
I'm annoyed every month that I have to give away €90 of my salary. I would probably be better off with €50 a month in MSCI World instead of €180 bav (regardless of the additional flexibility).
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7Mon
@Mister_ultra That's exactly my situation and consideration. Incidentally, you still have to deduct your loss of pension points from the €250pM, which should be around €120 over 35 years, you can calculate this online. That leaves you with 130€pM after 35 years and 90€ paid in. ACWI is definitely better.
I will probably thankfully do without the occupational pension and the employer's share.
I will probably thankfully do without the occupational pension and the employer's share.
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Ignorance to the power of ten
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6Mon
@market_analyst_5 You can write that anywhere. As long as you only claim your superior knowledge and dismiss all attempts to gain knowledge as ignorance, your reputation will fade away. Please do better and make specific and factual corrections.
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