Best retirement provision for the self-employed
Finding the best retirement provision is particularly important for the self-employed, as they usually cannot expect any benefits from the statutory pension fund. There are various products available that you can use to build up a pension plan.
1. The basic pension as a state-required pension
Quite a few self-employed people consider the use of the basic pension, also known as the Rürup pension, to be the best retirement provision. In the course of the basic pension, you can deduct the contributions that flow into the respective savings agreement for tax purposes. So you can benefit from tax advantages if you decide to take out a pension in connection with the subsidized Rürup pension. With this requirement you can of course choose between different products.
2. Fund savings as the best provision in terms of returns
Fund saving is one of the best retirement provisions for the self-employed in terms of the highest possible return. As a self-employed person, you can also opt for a fund savings plan as part of the basic pension. In this case, the fund company regularly buys fund units that are booked into your fund custody account. With this type of saving, the average income is between seven and nine percent per year. Thus, in the long term, fund saving is a very good pension option.
3. Private pension insurance also for the self-employed
Another very good pension option for self-employed people can be private pension insurance. The insurance product is considered to be very safe and is available in two versions, namely as classic and unit-linked pension insurance. If you also want to cover your family, you can take out private pension insurance as an alternative Endowment insurance is also in question, which is also used to build up financial provision can.
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