Sweden and stock rent

Sweden shows how it’s done 20 years ago. There, the Swedish pension is the best invention since Abba and Ikea. And the politicians introduced them silently, or better: of course. There was a large consensus between Conservative Liberals and Social Democrats. So we acted instead of talking a lot beforehand. 

And we ? Dismantle the concept already in public: stocks? Way too dangerous! The Sweden fund? Not as successful as one thinks, hasn’t he already suffered losses? And Riester wasn’t that bad, was it? 

The traffic light coalition and your share pension

The ridiculous 10 billion euros with which the traffic light coalition wants to push such a stock fund is not enough. Nor do they have to. They would only be the beginning, two percent of the gross income would flow into it every year, similar to the Swedes. Roughly speaking, that would mean: Every average full-time employee saved 960 euros – without taking any more. The money would be diverted from existing pension contributions. With 53 million employees, conservative calculations (in view of the many part-time workers and low earners) could add up to around 26 billion euros a year. The fund – including start-up fee – would have reached 100 billion after 4 years. mark cracked. After 10 years it would already be worth 270 billion euros. Then there would be the return: if shares rise as they have for 120 years, an annual return of 6 percent is realistic. Incidentally, the Sweden fund has been generating 10.1 percent per year for 20 years He started in the middle of the dotcom crash. And after the financial crisis in 2008, he restructured himself again – now he is focusing even more on shares. So far he has only posted 4 years of losses, but quite a few with 30 percent and more. Even if the Deutsche Aktienrente only managed 6 percent a year, that would be an additional pension of 160 euros a month for someone in their mid-forties. A 35-year-old could expect 340 euros „on top“. Show me a Riester pension that can do that. My vote is clear: shut up. finally do it! So far he has only posted 4 years of losses, but quite a few with 30 percent and more. Even if the Deutsche Aktienrente only managed 6 percent a year, that would be an additional pension of 160 euros a month for someone in their mid-forties. A 35-year-old could expect 340 euros „on top“. Show me a Riester pension that can do that. My vote is clear: shut up. finally do it! So far he has only posted 4 years of losses, but quite a few with 30 percent and more. Even if the Deutsche Aktienrente only managed 6 percent a year, that would be an additional pension of 160 euros a month for someone in their mid-forties. A 35-year-old could expect 340 euros „on top“. Show me a Riester pension that can do that. My vote is clear: shut up. finally do it!