Riester pension - when does it still make sense?
Riester is dead! Or is it? The idea of abolishing the Riester pension has been circulating for quite some time.
Unfortunately, politicians are still too attached to this failed and justifiably criticized retirement savings plan.
In this video, we'll explain when a Riester pension is worthwhile for you and how you can best utilize the government subsidies.
0:00 Introduction
0:52 How Riester works
1:35 More subsidies with children
2:20 Case 1: Two children
3:45 Case 2: Three children
4:45 Conclusion: When is it worthwhile?
5:10 When is it not worthwhile?
5:55 Checklist: Criteria for good Riester pensions
7:10 Bonus for even more subsidies for self-employed individuals
7:50 Case 3: Three children, self-employed partner
8:10 Warning about poor products
9:00 Summary and critique
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