How Will You Close Your Retirement Gap?

Compare the five pillars of German retirement provision — GRV, Riester, Rürup, bAV and ETF — and find the optimal mix for your retirement.

09
Pension Gap
€900
Total Monthly Pension
€3,671
Remaining Gap after Provision
€0
Total Contribution/month
€475
Annual Tax Saving
€1,410
Saving Period
32 years
Gap fully closed

Ad

Investing reimagined: invest, pay and save in one app.

Discover now

Pillar Comparison

Provision TypeContribution/monthCapital at RetirementMonthly PensionTax Saving/year
Statutory Pension (GRV)€0€0€1,500€0
Riester Pension€175€158,128€800€805
Rürup (Basisrente)€0€0€0€0
Company Pension (bAV)€100€90,359€457€605
ETF Savings Plan€200€180,717€914€0

Optimal Mix

Recommended order by tax leverage: bAV (tax + social-security savings) → Riester (subsidies) → Rürup (special expenses) → ETF (flexible).

ProductShare of GapCurrent Contribution
Company Pension (bAV)50.79%€100
Riester Pension49.21%€175
Rürup (Basisrente)0%€0
ETF Savings Plan0%€200
Note: Calculation uses BBG-RV West (€96,600 in 2026), 30 % marginal tax rate, 20-year annuity at 2 % p.a. payout. Tax advantages simplified: Riester (special expenses + €175 base subsidy), Rürup (fully deductible), bAV (8 % BBG-RV tax-free, 4 % SV-free). Actual values depend on personal tax burden and contract terms.

Background

German Retirement Provision 2026: GRV, Riester, Rürup, bAV and ETF Compared

14 Min.