Germany Pension Schemes: What is Rürup or Basis Rente?

Germany Pension Schemes: What is Rürup or Basis Rente?

I am kicking off a new series on financial topics used in Germany. The first financial product that I would like to talk about is Rürup or Basis Rente (Rente in German means pension). We also explore common terms and their meaning to build up the concept of Rürup. Concept #1: What is altersvorsorge and Gesetzliche…

What is a Sparplan?

What is a Sparplan?

Sparplan (I am so tempted to add a meme on this is SPARtaa..) is the way out of automatically managing your investments each month. It is an equivalent of a SIP (Systematic Investment Plan) if you are an Indian investor. ….when I login to my bank account, I notice two options, geldsparplan and wertpapiersparplan. What…