14 million baby boomers will soon be retiring or have already done so. They are faced with the problem of how to bring their retirement savings home without having to pay too much in taxes and health insurance contributions.

With Riester, a maximum of 1,925 euros of your money can flow into the contract tax-free every year. With the company pension even over 7,200 euros per year, you have the money paid out again and have to pay taxes on it. With larger company pensions, savers are asked to pay particularly heavily.