versorgt

ich · wir · die Kinder

Gap — /mo
💡 On desktop you see inputs and results side by side — more comfortable.
Schritt 1 · Lücke

Your fixed income (lasts a lifetime) against your needs — that’s your gap.

Inputs

Personal Details
Current Age40 Jahre
Retirement Age67 Jahre
Basic Assumptions
Inflation – ScenarioModerate · 2.5 %
Why 2.5% as default?
Based on the historical 50-year average in Germany. The value includes a safety margin on top of the official 2.0% ECB target, to realistically buffer future risks such as demographic change and energy costs. Sources: German Federal Statistical Office (Destatis) & European Central Bank (ECB).

Expected income during retirement

statutory & private pensions, life insurance, rental income, other income

Statutory pension (Renteninformation)
The result appears here once you enter your salary.
Will you keep paying in until retirement?
Renteninformation Ihre Renteninformation 1Erwerbsminderungsrente1.010,00 EUR 2bisher erreicht795,00 EUR 3hochgerechnet2.656,00 EUR
Enter amount ③. That’s your pension if you keep paying in as before.Enter both amounts. We scale the part from future contributions down to your share.Enter both amounts. We scale the part from future contributions down to half.Enter amount ②. That’s your pension without further contributions. Never paid in? Leave it empty.
Income during retirement (gross)
Income type
€/month gross
Assumptions: pension adjustment & taxes
Pension indexation (% p.a.)
Applies to all retirement income; default 2.5 % is based on German pension indexation.
 2.5 %
Deductions on pension (taxes + social contributions)
Automatically deducted from your statutory pension: health insurance (approx. 7 %), long-term care (approx. 2 %) and income tax (approx. 11 %) — pensions are taxed on a deferred basis, i.e. only on payout, not on contribution. Around 20 % in total. Church tax (8–9 % of income tax, depending on the state) is not included.
 20 %
Results

Your pension gap will appear here

Enter your figures on the left — your personal result shows instantly. Don’t have your numbers handy?

You can freely adjust the example values afterwards.

Example

Add investments (e.g. by raising your savings rate) or lower your retirement need (perhaps you’ll live rent-free later?).

Where your retirement money comes from
Monthly need, split by source
Calculator assumptions
These are the assumptions the calculator made — they’re based on well-researched default figures. Feel free to adjust them and compare different scenarios:
Pension increase—Your state and private pension grows by this rate every year.
Pension deductions—Taxes and social contributions taken from the gross pension.
Inflation—Your retirement need rises by this rate every year.
How the annual gap is calculated ▶
Schritt 2 · Schließen

Your capital (savings rate + investments) — it’s drawn down to fill the gap.

Inputs
Reserves / Cash
Cash interest (% p.a., gross)2,0 %
Assets / ETFs
Existing assets
Name
Value (€)
Return assumption (% p.a., gross)
Reference points: the MSCI World returned roughly 8% p.a. over the last 50 years (price index, as of 2026); as a net index in euros since 1975, roughly 9.7% p.a. — after costs, taxes and inflation, about 5% real remained. Individual 15-year windows ranged from 1.3% to 14% p.a. Enter the value BEFORE tax here: 7–8% gross corresponds to roughly 5.25–6% net once the 25% capital gains tax is deducted — a common, rather cautious planning value. Instant-access and fixed-term deposits currently pay around 2% p.a., gold has returned around 3–4% p.a. long term.

Name
Value (€)
Return assumption (% p.a., gross)
Reference points: the MSCI World returned roughly 8% p.a. over the last 50 years (price index, as of 2026); as a net index in euros since 1975, roughly 9.7% p.a. — after costs, taxes and inflation, about 5% real remained. Individual 15-year windows ranged from 1.3% to 14% p.a. Enter the value BEFORE tax here: 7–8% gross corresponds to roughly 5.25–6% net once the 25% capital gains tax is deducted — a common, rather cautious planning value. Instant-access and fixed-term deposits currently pay around 2% p.a., gold has returned around 3–4% p.a. long term.

Capital gains tax (%)25,0 %
Withdrawal logic / Liquid buffer
Target cash buffer (years)5 Jahre
Fixed-term deposits (info only)
Fixed-term deposits have a set maturity that cannot be modelled cleanly here. So for now they only count as a note — no growth, no contribution to closing the pension gap, no effect on the traffic light.
Fixed-term accounts
Real Estate (info only)
Not currently included in the wealth calculation. If you will live rent-free, you can reduce your capital needs in retirement accordingly (minus maintenance fees). If you expect rental income, enter your share as income during retirement (if you are only a part-owner). Remember to keep a repair and maintenance buffer in your savings account.
Own home, rental etc.
Conservative, simple logic for easy reproducibility
Savings are added at year-end and earn no interest in the year they are paid in. Rounding is applied to the display only. Taxes are deducted at a fixed percentage; tax advantages are ignored.
Results
✓
Calculating …
Green means your money lasts until the planning horizon — set 10% above your statistical life expectancy (e.g. 84 → 92). Note: this 10% is only the traffic-light threshold, not a reliable hedge against a long life — see the detail below under Capital lasts until for how long your money actually lasts. If the money lasts to life expectancy but not to the horizon, the light shows amber.
Enter your data on the left.
▶ How the withdrawal logic works
SAVE & BUILD BUFFER IN RETIREMENT Asset keeps working higher return Shift 1 gap per year Cash buffer liquid & safe years ahead Withdrawal from buffer Pension gap covered monthly topped up from your assets each year in retirement, while they last

The trade-off between liquidity and return. Your assets — for example an ETF or precious metals — earn more than cash over the long run but fluctuate. Instead of selling everything at retirement, from a few years before onward one annual gap per year is shifted from your assets into cash — the next withdrawals sit safely ready, the rest keeps working.

The buffer covers the 5 years (adjustable) before retirement with exactly the money you will need in your first retirement years. During that time your savings rate also goes into cash instead of your assets — no buying while selling.
So in a crash you never have to sell at the bottom. More buffer = more safety, but less return.

The buffer currently uses 5 years. → Adjust buffer

Capital trajectory
Stand am Jahresende, aufgeteilt nach Anlageform
Detailed asset overview
"Assets (EoY)" is your total wealth (investments + cash) at the end of each year. During accumulation there is no gap yet.
AgeAssets (EoY)Annual gap
Model notes

Conservative, simple logic for reproducibility: savings contributions flow in at year-end and earn no interest in the year of contribution. Rounding is applied to the display only. Taxes are deducted at a flat rate; tax advantages are not considered.

Schritt 3 · Vergleich
Ergebnisse
Szenario-Vergleich
Szenario A
Szenario B (aktuell)

versorgt helps you calculate your personal retirement gap — regardless of what future pension reforms bring. See at a glance whether your statutory pension, savings, and investments will be enough in retirement, or whether you should start saving more now.

All figures are simulations based on your inputs and assumptions (returns, inflation, pension indexation, taxes) — not financial, tax, or investment advice. Results may differ from reality and do not replace verification with independent tools or a qualified professional. Use at your own risk; no liability is assumed for errors or decisions made based on this tool.