I'm a simple emigrant and I don't expect a pension

There's such a stereotype about Europe in general and Germany in particular that pensioners here live their best life. Their pensions are so magnificent that they travel as if possessed and basically don’t deny themselves anything. Let’s see if this is really true by looking at the example of one small person (me). So, I received a letter from the statutory pension insurance. As is customary in Germany, I immediately thought, now they’ll cheer me up with a raise in the monthly contribution. But no. They only wanted to tell me that I’ve already earned myself a pension of 328.81 euros per month! So, where will we fly on this money? Here’s how they calculate it: for each year of receiving the average salary among all insured (currently €50,493 a year before taxes) you get one point; if you earn less or more, you’ll get points accordingly. Then they multiply these points by the value of a point, currently 39.32, and by the pension factor, and you get the pension. The factor is usually one, but there are many additional details that affect it: disability, childcare, education, etc. For example, for early retirement, up to age 67 for all genders, they subtract 0.3% for each month, but not more than about 11%. But don’t worry, with three hundred they won’t leave me. They say, work another 35 years in the same spirit, and then your pension will be around €2,300. Just don’t forget that from these funds you have to pay taxes and health insurance. All in all: about €1,800 net. And remember, purchasing power is changing, currently only in the downward direction. That is, we don’t know what this amount will be enough for in ten years, and in thirty, let alone. Well then, is that a decent pension? Write your opinion in the comments! Translation of the picture, you know where ⤵️ #useful #taxes #money