Retirement Savings Accounts Starting in 2027: Higher Returns Without a Guarantee?
More capital markets, fewer guarantees: The new retirement savings account is intended to make private retirement planning more attractive starting in 2027. But how high are the potential returns—and what risks must savers accept in exchange?
Martin Kerscher speaks with Nikolas Kreuz of INVIOS about the planned government subsidies for fund and ETF accounts, the elimination of contribution guarantees, and the question of why, when it comes to retirement planning, it’s not just the product but—above all—the factor of time that is decisive.
The conversation also covers how much costs affect returns over decades, what equity allocation suits one’s age and personal risk tolerance, and why demographic change makes additional private retirement planning necessary. The weaknesses of the Riester pension are also discussed—as well as the question of whether the new model can actually be simpler and offer higher returns.
And: Should savers jump right in at the start of 2027, or should they first compare providers, costs, and investment options?
