How is the height of the Riester pension calculated? The Riester pension is a highly complex pension product, which can be completed but uncomplicated. Applications, calculations, and manage it run in the background and are handled by the respective insurance company without that you get much of it. Accordingly, there are also no Alp gemeingueltige answer to the question after the later height of the Riester pension, because to vary interest rates and may change later, and on the other hand, each insurance company collects varying administrative and sales costs. Many calculators that one should calculate the subsequent height of the Riester pension, indicating only that are but not equal to the real. Still, many factors, such as, for example, the interest rate at the conclusion are unclear, so only estimates can be used. Yet the sales and administration costs are included, an estimate can be only determined if a certain Contract has been selected. However, it is not difficult to get such an estimate. It turns, for example, to an independent consultant, so what kind of insurance estimated fees and how these affect the expected height of the Riester pension receives insight to quickly.
On average around 16% of the savings contributions and allowances there are these fees and may be imposed only in the first five years of savings. Read here for more information:../1366_269-13.pdf it is quite advisable, to make a comparison of the various Riester pensions also to select an insurance policy that can boast extremely low fees. Because on the basis of the long-term orientation of the Riester pension, each saved euro affects the ending value. The ending value, in turn, is then the later pension received in monthly intervals. Up to thirty percent of the savings capital can at maturity also paid out as a lump sum that reduces the monthly rate then accordingly.