What could your Altersvorsorgedepot pay in retirement?

Enter your age, your monthly payment and your children. You see the capital at retirement, the 30% you can take out at once, and the monthly pension from the rest for different payout lengths, at returns from 5% to 12% a year.

Last checked: 25 October 2026. The law is passed, but provider products are not certified yet, so details can still change.

Your age when you start in 2027

Retirement age

Payout starts at 65 at the earliest and by 70 at the latest.

Monthly payment

150 € a month (1,800 € a year) earns the full basic allowance.

Children with Kindergeld

Yearly return before costs

Historical MSCI World returns in euros were roughly 7–8% a year since 1970.

Gender (sets the average life expectancy) Woman Man Average

Used only to estimate how long the pension may need to last. Products are priced the same for everyone.

Take the 30% lump sum? Yes, 30% No, all monthly

More options

Yearly product cost

Fund and provider costs, subtracted from the return.

Return during payout

Money left in the plan keeps earning something while you draw it down.

Tax rate in retirement (estimate)

Payouts are taxed as income, so this is a rough average rate.

Inflation for today's money

–at retirement

You pay in State allowances Growth

30% lump sum

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Left for monthly pension

–

Allowances per year now

–

Capital in today's money

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Monthly pension from the rest, by payout length

Monthly pension by payout length
Paid until	Years	Per month, before tax	After tax (est.)	In today's money

The same plan at different returns

Capital, lump sum and monthly pension at different yearly returns
Return a year	Capital at retirement	30% lump sum	Per month

Averages, not promises. Real years swing widely and can be negative. Returns near 12% a year have not been typical for global stock funds over long periods.

What the calculator assumes

Assumptions behind the numbers
Item	What we use
Basic allowance	50 cents per euro on the first 360 € a year, then 25 cents per euro up to 1,800 €. Maximum 540 € a year.
Child allowance	Up to 300 € a year per child while Kindergeld runs, on top of the basic allowance. We assume it needs an equal payment of your own, so it is capped at what you pay in per year.
Starter bonus	One-off 200 € if you start before age 25.
Payments	From 10 € a month up to 6,840 € a year. Only the first 1,800 € a year earn the basic allowance.
Payout	From age 65 at the earliest. Up to 30% of the capital once at the start. The rest as a withdrawal plan that runs at least until age 85, or as a lifelong annuity from a provider.
Life expectancy	At 65, women live on average another 21.2 years and men 18.0 years (Destatis, 2024). Half of all people live longer than the average.
Tax	Taxed only at payout, as income. The tax rate you enter is a rough average. The lump sum is taxed too.
Calculation	Monthly payments and monthly compounding. Allowances are credited at the end of each year. After the lump sum, the rest is paid out in equal monthly amounts at the payout return you choose. Today's money uses the inflation rate you set.

Sources

This page is a simplified illustration, not personal tax or investment advice. Results depend on your situation, the final product terms and tax rules, which can change.

How the Altersvorsorgedepot works Sparplan calculator