Take early retirement and work independently at the same time

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Even if you take early retirement, you can still earn additional income without endangering your pension. However, you must observe certain additional earnings limits so that the additional earnings do not reduce your pension. If the limits are exceeded, full pensions are then only paid as partial pensions, for example.

Pensioners can also earn additional income.
Pensioners can also earn additional income.

As an early retirer, you can earn additional income not only from dependent employment, but also from self-employment. If you are self-employed, you usually have better control of your own not to exceed the additional earnings limit.

If you take early retirement and want to continue working

  • If you received your old-age pension before reaching the regular retirement age or if you received a pension because of reduced You should also use the Pay attention to additional earnings limits.
  • If you draw your early retirement pension as a full pension or a full disability pension, then EUR 400 per month will not be taken into account, cf. ยง 34 para. 3 No. 1 and Section 96a Para. 2 No. 2 SGB VI.
  • You can exceed this additional earnings limit twice, up to the respective amount of the additional earnings limit. At 400 euros, it can therefore be exceeded twice by up to 800 euros.
  • Since you do not get the same profits or losses every month when you are self-employed. If you have been self-employed throughout the year, the income that is generated and shown in the tax assessment will be divided over 12 months.
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Accurately estimate income

  • If you do not take up self-employment until you retire and you have not yet received a tax assessment, you must carefully estimate your income.
  • If you estimate it too low, the result will be a higher one determined by the tax office Profit, then you have to expect to repay the overpaid pension amounts have to.
  • You should therefore include in your estimate or Build in a "safety reserve" calculation.

If you are taking early retirement and want to work independently on the side, you should consider the estimate or Calculating your income have a close eye on the additional earnings limits. Otherwise you will lose your entitlement to the full pension and will usually only receive a partial pension.

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