Retirement Calculator for Private Pensions

Over the long term, investing in the capital markets pays off significantly more than any other private retirement product, such as a Riester pension or life insurance. For this reason, investing in the capital market is a sensible choice or supplement for everyone.

In order to benefit from the yield power of the capital market in the long term, it is necessary to structure retirement provision professionally. In this way, small, regular savings can turn into real assets in old age.

The online retirement calculator shows you how you can build up additional income for your entire retirement with professional capital market investments.

What assumptions does the pension calculator rely on?

Our assumptions for the individual personal details are as follows:

  • Costs: Our pension calculator is all-inclusive. This means all fees for Ginmon as well as the product costs of the ETFs we use are taken into account. You can learn more about our fees here.
    Inflation: In our model, we assume an inflation rate, i.e., a price increase, of just under 2%, which corresponds to the ECB’s mandate for the euro area.
    Taxes: For the sake of simplicity, taxes are continuously deducted from the yield in our calculations. The taxes every German must pay on capital gains amount to 26.375%. This consists of 25% capital gains tax and 5.5% solidarity tax. For investors who belong to a church, an additional church tax of 8% or 9% is added. This increases the overall tax rate to 27.8186% or 27.9951%, respectively. In our calculation, when selecting the “Subject to church tax?” option, a tax rate of 9% is applied.

The pension calculator’s logic is as follows:

  • Expected Return: The weekly average yield, which is based on historical data, is used for the calculation in the pension calculator. It’s important to note that past performance is not an indicator of future returns.
    Expected Fluctuations: The expected fluctuations are calculated using the average standard deviation of the average return, which is also based on historical data.
    Visualization: The graph displays three possible developments. The light blue line represents an optimistic scenario, the 95th percentile. There’s a 5% probability of achieving a value above this. The orange line symbolizes the expected scenario, namely the 50th percentile. The dark blue line represents a pessimistic scenario, the so-called 5th percentile. There’s a 95% probability of achieving a value above this line.

Retirement planning at Ginmon
What you need to know

Why is a private pension so important?

For many people, the state pension will unfortunately no longer be sufficient to maintain their accustomed standard of living in old age.

It is therefore extremely important to take out a private pension in addition to your company pension. The earlier the better.

Are ETFs a good retirement investment?

Yes, but they should cover the global capital market. Investing only in individual markets or regions would mean too much risk, which is the problem for many investors.


This is how Ginmon's retirement planning works: Always taking into account your personal risk appetite, we map the entire spectrum of the global capital market in your personal portfolio and continuously ensure that it is in balance.


In contrast to traditional pension products, there are no acquisition or distribution costs and maximum transparency. Instead, we focus entirely on providing you and your pension with the best return opportunities in the international capital markets.

How safe is my pension with Ginmon?

Your invested assets are safely held in your personal account with our banking partner (e.g. DAB BNP Paribas).

This means that you are protected against the (unlikely) insolvency of Ginmon or the partner bank.

Can I get my money back at any time?

Yes, you can close your investment and sell your securities at any time.


Two days later, after the proceeds have been booked, we will transfer the funds to the reference account you specified. Withdrawals are free of charge at any time.

What does Ginmon cost?

Ginmon's complete solution, including personal custody account, automatic management and web application, costs 0.75% of your invested funds per year, which is approximately 0.0625% per month.

Example: A portfolio volume of €10,000 costs €6.25 per month.

What are the advantages of a pension plan with Ginmon compared to other private pension products?

You can access your pension at any time if you unexpectedly need the invested funds earlier than originally planned.


This is a great advantage over traditional pension solutions such as life insurance, Riester pensions or building society savings contracts, where the money is tied up for a long time.


Another advantage: Ginmon is much cheaper than the classic alternatives just mentioned.

This means that the returns generated are not eaten up by the usually high costs, but can be used by you personally without restriction.

How does investing with Ginmon work?

You can open your Ginmon account in a few minutes. In just three steps, you can get started.

Set your personal goals
Just answer some questions about your personal risk affinity and personal life situation.
Plan your investment
Select your desired initial investment and savings rate. Our technology calculates the optimal portfolio for you.
Relax and lean back
After opening an account, our technology implements the investment strategy automatically. You can view the current status online at any time.