I find it frightening how much ignorance and half-truths are shared here and how completely mixed up they are. I wrote my Master's thesis on the subject of occupational pension provision vs. private pension provision. And in all comparisons, occupational pension provision comes out on top after taxes and social security contributions. Of course, you can't compare it one-to-one with shares or ETFs because it's still a conservative product with no risk of loss. But due to the complexity, it is difficult to evaluate and correct the contribution in a short form.
Note: Please use your own head and always scrutinize the articles critically instead of simply accepting all the facts and spreading such false statements.
Best regards
Ps: Note for the people who are not capable of criticism or have their own truth in a parallel universe: I have no insurance or similar and have no advantages whatsoever when I speak positively in favor of company pension schemes!!! And if everything were as simple as some self-appointed gurus proclaim here - WHY ARE WE NOT ALL MILLIONaires and make our money work instead of going to work ourselves every day?!!!?!!!
I'm already looking forward to your pointless feedback...
Note: Please use your own head and always scrutinize the articles critically instead of simply accepting all the facts and spreading such false statements.
Best regards
Ps: Note for the people who are not capable of criticism or have their own truth in a parallel universe: I have no insurance or similar and have no advantages whatsoever when I speak positively in favor of company pension schemes!!! And if everything were as simple as some self-appointed gurus proclaim here - WHY ARE WE NOT ALL MILLIONaires and make our money work instead of going to work ourselves every day?!!!?!!!
I'm already looking forward to your pointless feedback...
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@market_analyst_5 That was a very general "all nonsense". I don't get the impression that anyone here thinks they are a guru in anything. We're all in the same boat here and want to understand occupational pension schemes.
But I have to disagree with you on one thing. You say that you "certainly can't compare a company pension scheme with shares or ETFs on a one-to-one basis". Yes, we do, because we are prepared to bear a long-term risk of loss (which is traditionally 0 for >15 years MSCI World).
The question immediately arises: €100 of net income in ETFs on TR or €100 in ETFs in a bAV with mylife.
Feel free to show me one of the comparisons in which the bAV is ahead after taxes and contributions. If I have overlooked something, I would be very grateful for a correction. Honestly. I don't want to be right, I want to get my pension provision right. 👍
But I have to disagree with you on one thing. You say that you "certainly can't compare a company pension scheme with shares or ETFs on a one-to-one basis". Yes, we do, because we are prepared to bear a long-term risk of loss (which is traditionally 0 for >15 years MSCI World).
The question immediately arises: €100 of net income in ETFs on TR or €100 in ETFs in a bAV with mylife.
Feel free to show me one of the comparisons in which the bAV is ahead after taxes and contributions. If I have overlooked something, I would be very grateful for a correction. Honestly. I don't want to be right, I want to get my pension provision right. 👍
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