Inflation and its prospects Things look bleak, and not just at the supermarket checkout and gas station. With a current inflation rate of over 7.3%, we can practically watch our hard-saved wealth shrink. What was a small luxury yesterday can be prohibitively expensive today. After more than two years of a pandemic, a European conflict […]
Long-term planning but in line with demand If you earn money, you have to learn how to handle it. On the one hand, it is important to be able to cover the needs of daily life and, on the other, to ensure long-term financial stability. Satisfying the basic needs of a human being is only […]
Burden sharing at the expense of all Crisis, crisis, crisis, who will finance our next crisis. The past few years have been unmistakably crisis years for just about everyone. Financially as well as emotionally, the consequences and repercussions of the “refugee crisis”, ” Corona crisis “, “financial crisis”, inflation and economic crisis are still to […]
Take care of your assets One crisis follows the other, fronts harden and for the ordinary citizen, events roll over at a speed that makes it almost impossible to assess the consequences involved and to prepare appropriate expropriation protection. Inflation, property tax reform, gas apportionment, rising interest rates and cold progression are just a selection […]
How to protect your assets Where to put all that money? An admittedly somewhat gloating question that will certainly only concern a portion of our readership, but could be all the more valuable for them. Cash is dead, long live cash. Not only since the current inflation (2022) of more than 7%, we are noticing […]
– Why life insurance has outlived its usefulness as a capital accumulation vehicle – Wim Duisenberg, ex-president of the ECB, when asked how he invests his money: “Personally, I’m in the fortunate position of having no reserves.” Statistically, up to more than 80 million German citizens own more than one life insurance policy. […]
– Why the days of effortless money-making via life insurance are long gone – Agents’ commissions fall The Life Insurance Reform Act (LVRG) not only lowers the guaranteed interest rate for life insurance policies from 1.75% to only 1.25% from 2015, but also the permitted inclusion of acquisition costs through zillmerisation from 4% to […]
– Pension capital transfer or change of policyholder – decision between plague and cholera – In purely statistical terms, the length of service of an employee is just under five years. If the employee has a pension plan, he or she will be able to take it with him or her to the new […]
– When government subsidies and legal requirements later become a yield trap – Increasing periods of employment in the low-wage sector or as a Hartz IV recipient reduce the prospects of the subsistence minimum in working life as well as later as a pensioner. While a fine may not affect the garnishment-free income, Hartz […]
– What monthly pension the law protects the self-employed from foreclosure -. Since 2007, the legislator has for the first time allowed the self-employed to build up assets of up to 238,000 euros with insurance companies, protected from seizure, for old-age provision. However, the full payment of 20,000 euros, which is deductible for tax […]
