How large is the subsidy for the Altersvorsorgedepot?

The Grundzulage is 50 cents per euro on the first €360 and 25 cents per euro up to €1,800 of your own contribution — a maximum of €540 a year. On top of that come €300 of Kinderzulage per child and a one-off €200 career-starter bonus for people under 25.

Is switching from Riester to the Altersvorsorgedepot worth it?

That depends on your existing capital, the costs and the remaining term. The calculator shows the switch-versus-stay difference including the break-even age, and takes account of the switching costs, which are capped at €150 for the first five years.

Subsidy calculator for the Altersvorsorgedepot

Work out your state subsidy, your projected final capital and — if you hold a Riester-Rente — whether switching is worth it. Every subsidy figure is sourced from the Bundesfinanzministerium. No sign-up, no email address.

Personal details

Age

Retirement age

Employment

Gross income p.a.

Family

Eligible children

Savings planOwn contribution p.a.: 1200 €Effective costs: 1.00 %Assumed return: 6.0 %

Riester contractI have an existing Riester contract

Expected final capital with subsidy

€125,711

real (inflation-adjusted): €66,707

Comparison with other investment types

Same own contribution, same term – but without state subsidy.

Altersvorsorgedepot (subsidised)
ETF savings plan (world equities)
Sparbuch (German savings account)

ETF savings plan (world equities)Sparbuch (German savings account)Tagesgeld (instant-access account)Festgeld (fixed-term deposit)

Altersvorsorgedepot (subsidised)€125,711

ETF savings plan (world equities) · 6.0 % assumption€97,668

+€28,043 more with the Altersvorsorgedepot

Sparbuch (German savings account) · 0.5 % rate€40,824

+€84,888 more with the Altersvorsorgedepot

Interest rates indicative (as at 2026-06): Sparbuch 0.5 %, Tagesgeld 2.0 %, Festgeld 2.5 %. ETF after German capital-gains tax (Abgeltungsteuer); interest products taxed annually. No guaranteed returns.

Grundzulage (annual, the basic state allowance): €390
Kinderzulage (annual, the child allowance): €0
Berufseinsteiger-Bonus (one-off, the career-starter bonus): €0
Total subsidy p.a.: €390

Advice from an adviser in our independent network of 1,000+ vetted advisers.

Calculation result. Not investment advice within the meaning of § 1 (1a) sentence 2 no. 1a KWG.

Method & assumptions

Grundzulage (basic allowance): 50% up to €360, 25% up to €1,800 (max. €540 a year).
Kinderzulage (child allowance) €300 per child, career-starter bonus €200 (under 25), minimum contribution €120 a year.
ETF comparison after Abgeltungsteuer (flat-rate capital gains tax, 25% + 5.5% solidarity surcharge) with the 30% partial exemption for equity funds.
Investment comparison against an ETF savings plan, Sparbuch (savings book), Tagesgeld (instant-access account) and Festgeld (fixed-term deposit) at the same contribution and term — rates indicative (as at 06/2026): Sparbuch 0.5%, Tagesgeld 2.0%, Festgeld 2.5%; reviewed quarterly.
Default assumptions: 2.0% inflation, 6.0% assumed return (not a guaranteed return).
Based on the final subsidy figures of the Altersvorsorgereformgesetz promulgated on 29 May 2026.

Last updated: 15 July 2026

Calculation result. Not investment advice within the meaning of § 1 (1a) sentence 2 no. 1a KWG.