Pensions & protection

Pension gap calculator

Will the state pension be enough? The calculator compares what you need in retirement with your expected pension and shows what capital and monthly savings would close the gap.

Result

Your need (today's money): –
State pension after deductions: –
Monthly pension gap (today's money): –
Pension gap at retirement (with inflation): –
Capital needed at retirement: –
Monthly savings until retirement: –

The results are non-binding estimates for guidance only and do not replace tax, legal or investment advice. What counts are your payslip, your tax assessment (Steuerbescheid) and the terms of your contracts.

How it is calculated

The gap is your need minus the pension after deductions minus other income. It grows with inflation until you retire.

The capital needed is enough to pay the gap over the chosen period, with the payment rising each year in line with inflation and the remaining capital earning a return. The savings rate builds up this capital by the time you retire.

The figures in your pension statement are projections; future pension increases are not guaranteed.
Taxes and investment costs are not taken into account.

Frequently asked questions

What is the best way to close the gap?

Options include a company pension scheme, private pension insurance, fund savings plans and state-subsidised products. Which mix suits you depends on your income, tax situation and need for security.