The #1 pension plan in Germany without upfront costs.
Contribute from as little as 100 € / mo.
Hand-picked portfolios from 500+ ETFs
Benefit from tax-free compounding
Digital, low-cost solution for worldwide retirement
Easily calculate when you can retire with PF mobile pension dashboard on a hand

Easily calculate when you can retire

Just answer a few questions to see when you can retire and if Pensionfriend can help you retire earlier
We calculate your expected pension based on estimates of your public pension, returns from your pension plan and other assets

See how much you’ll have in retirement

We calculate your expected pension based on estimates of your public pension, returns from your pension plan and other assets

Pensionfriend is an ETF-based Private Pension Plan

We recommend you the optimal composition of our outperforming portfolios. You benefit from tax-free, automatic rebalancing so you can retire with more!

Global

Global large and small capitalization companies that historically outperform the MSCI World Index.

Currency
USD
ETF cost per year
0,25 %
Pensionfriend cost per year
0,49 - 0,79 %
Expected annual return
8,30 %
Average historic performance
13,0 %
Expected net assets at age 67*
452.551 €

Global Green

Large and small capitalization companies, fulfilling environmental, social and governance (ESG) criteria.

Currency
USD
ETF cost per year
0,28 %
Pensionfriend cost per year
0,49 - 0,79 %
Expected annual return
7,90 %- 8,20 %
Average historic performance
14,2 %
Expected net assets at age 67*
449.163 €

Euro Green

European large and small capitalization companies, fulfilling environmental, social and governance (ESG) criteria.

Currency
EUR
ETF cost per year
0,26 %
Pensionfriend cost per year
0,49 - 0,79 %
Expected annual return
7,20 %
Average historic performance
8,01 %
Expected net assets at age 67*
284.575 €
*These are example calculations for a 30 year old who invests 2.000 € one-time and 250 € monthly until their retirement at age 67.

How Pensionfriend Works

Learn how you can use Pensionfriend to retire earlier and with more.

Our online questionnaire helps us estimate your future pension income requirements and monthly savings goal to close a pension gap if it exists.
Calculate your pension gap and savings goal image
Calculate your pension gap and savings goal image

Who is Pensionfriend for?

We recommend you the optimal composition of our outperforming portfolios. You benefit from tax-free, automatic rebalancing so you can retire with more!

Employees

Self-Employed

Parents

Expats

ETF Investors

Close to Retiring

How does Pensionfriend compare?

Understand how Pensionfriend compares to investing in ETFs directly or how it compares to a more classic private pension product with upfront fees.

Your preferences

Select comparison Select comparison

What is your monthly contribution?

Monthly contribution?

300 €

How old are you?

35

What is your upfront contribution?

€
Investing directly Pensionfriend
Fees and taxes
0,00 % 0,00 %
Fees
0,00 % 0,00 %
Capital gains tax
0,00 % 0,00 %
Witholding tax
0,00 % 0,00 %
On rebalancing
0,00 % 0,00 %
On withdrawal
0,00 % 0,00 %
Technical benefits
0,00 % 0,00 %
Tracking difference
0,00 % 0,00 %
ETF cost
0,00 % 0,00 %
Index replication
0,00 % 0,00 %
Rebalancing algorithm
0,00 % 0,00 %
Partner tax benefit
0,00 % 0,00 %
Portfolio quality
0,00 % 0,00 %
Summary 0,00 % +0,00 %
+
The difference compared to investing in the MSCI by yourself per year
Select comparison Select comparison
Investing directly Pensionfriend
Fees and taxes
0,00 % 0,00 %
Fees
0,00 % 0,00 %
Capital gains tax
0,00 % 0,00 %
Witholding tax
0,00 % 0,00 %
On rebalancing
0,00 % 0,00 %
On withdrawal
0,00 % 0,00 %
Technical benefits
0,00 % 0,00 %
Tracking difference
0,00 % 0,00 %
ETF cost
0,00 % 0,00 %
Index replication
0,00 % 0,00 %
Rebalancing algorithm
0,00 % 0,00 %
Partner tax benefit
0,00 % 0,00 %
Portfolio quality
0,00 % 0,00 %
Summary 0,00 % +0,00 %
+
The difference compared to investing in the MSCI by yourself per year
Preferences

What is your monthly contribution?

Monthly contribution?

300 €

How old are you?

35

What is your upfront contribution?

€
Graph illustrating the compound interest effect, becoming stronger the longer it is allowed to work.

Invest today so you can retire earlier

The sooner you start investing, the more your tax-free returns will compound over time, and the sooner you can retire

Why Pensionfriend?

Save on capital gains taxes

With Pensionfriend’s tax wrapper, you benefit from tax-free compounding on your investments. You're only subject to taxation on half of the return on your investment, once at retirement.

Your beneficiaries are protected

Your heirs pay no capital gains tax on the assets they inherit unlike with ETFs held outside an insurance contract.

Fully digital and flexible

Use our digital app to easily manage your private pension plan from wherever, whenever. Pay in as little as 100 € monthly and adjust your contributions, pause or cancel at any time.

Transferable across Europe

You can take your pension plan to any country within the European Economic Area (EEA) and continue saving from there. Paying out in most countries around the world could also be possible.

The smart way to save for a home

Use your pension plan as collateral for a mortgage without having to sell your assets and thus benefit from tax-free compounding on your savings.

Safe and protected assets

Your assets are held by our cooperation partner, Liechtenstein Life. They are yours even in the unlikely event of an insolvency. Learn more about how your investments are protected .

Our pricing is transparent and fair

We’re confident in our performance. That’s why we don’t charge any upfront, withdrawal, or cancellations fees unlike almost every other broker in Germany. Also, when your assets grow, we charge you less over all of your pension savings.

0,79

%

per year

for all pension savings under 250.000 €

0,59

%

per year

from 250.000 € in pension savings onwards

0,49

%

per year

from 500.000 € in pension savings onwards

No cancellation fees

No rebalancing costs

No upfront fees

No withdrawal fees

Why Pensionfriend's Pension Plan?

Virtually every other Private Pension Plan (PPP) in Germany comes with high upfront fees of 2-3 % on life-time contributions. Pensionfriend charges only a small annual fee and delivers outperformance.

The net monthly income that you would
receive for 20 years after retirement given you
contribute 100 € per month for 30 years.

Outperformance

Not all ETFs are the same: our unbiased recommendation tool helps you find the best suited ETF portfolio

No upfront fees

Because we are confident in our performance, we don't charge upfront fees.

Low cost

0,49 - 0,79 % annually - lowest cost in the industry. In comparison your annual tax benefit is 0,6-1 %.
More about our costs

How Pensionfriend compares to other investment plans

Pensionfriend
Pension Plan
Yearly costs 0,79 % *
Yearly tax-savings 0,6 - 1 %
Outperformance with unbiased data
Recommended fund selection
Digital experience
Advice on lowest effective cost ETFs
Automatic rebalancing of funds to target benchmark with outperforming algorithm
Active management – automated advice
ETF-Saving Plan
Yearly costs 0,9 %
No tax-savings
No outperformance with unbiased data
No recommended fund selection
Digital experience
No advice on lowest effective cost ETFs
No automatic rebalancing of funds to target benchmark
No active management
Robo Advisor
Yearly costs 1 %
No tax-savings
No outperformance with unbiased data
No recommended fund selection
Digital experience
No advice on lowest effective cost ETFs
Automatic rebalancing of funds to target benchmark
Active management – automated advice
Investment Advisor
Yearly costs more than 1,5 %
No tax-savings
No outperformance with unbiased data and certainly not after cost
Recommended fund selection
No digital experience
No advice on lowest effective cost ETFs
Maybe automatic rebalancing of funds to target benchmark
Active management – automated advice

«On average, we expect you to benefit 2% p.a outperformance compared to investing in the MSCI World Index yourself.»

Dr. Chris Mulder Former IMF and World Bank Senior Economist, where he advised Pension Funds on trillions of euros in assets.

Pensionfriend Portfolio Performance in 2023

+ 20,77 %

Green Portfolio

+ 21,57 %

Global Green

+ 18,33 %

Euro Green

Don’t take
our word for it

Thousands of people have signed up to calculate their German pension options and use Pensionfriend to manage their pension digitally.

Pension savings

€ 100 M+

Active clients

500+

Satisfaction rate

4,9/ 5

Pension savings

€ 100 M+

Active clients

500+

Satisfaction rate

4,9/ 5