Construction financing - How will it change in the future?

If it were that easy...
No... you definitely have to expect income losses starting from the normal retirement age. (Better to subtract a few years.)

I really think it strongly depends on what you do and how you are wired. If you only work to earn money or do something physically demanding, yes, I agree with you.

But if you love your job and especially do intellectual work, you can easily work until 70 or so.

My mother is seriously ill—heart, brain, stomach—everything is broken. But she works. Not because she absolutely has to, but because she wants to. On the contrary, she would fall apart if she had to just sit around at home.

I also can’t imagine doing nothing at all. I will retire, of course, but I always have to do something; otherwise, I get depressed...

In addition, depending on the collective agreement, the employment relationship automatically ends with retirement age.

Sign an out-of-tariff contract... That usually brings more money on average...

But if you love your job and especially do mental work, you can easily work until 70 or so.

And how is one supposed to do that when the employment contract ends at the retirement age? The employer has to agree to that as well. Otherwise, one has to reorient oneself, which I honestly find difficult to imagine at the end of the 60s. Not everyone can manage that, and therefore one should realistically assume that it’s over with the start of retirement.

And how is one supposed to do that if the employment contract ends upon reaching retirement age?

I have no overview of how often that is. It was not like that with my mother. That is also not standard but requires a special clause. So it is by no means an automatic process. If there is no special clause in the contract, one is a normal employee upon reaching retirement age. You have to resign yourself if you want to retire. Termination by the employer due to reaching retirement age is age discrimination. As I said, if there is no clause in the employment contract stating that the relationship automatically ends upon reaching the normal retirement age. But we are talking here about people who are 30-40 or so when they finance their plan. They certainly still have options to change their employment contract until they reach the relevant age. If in doubt, one just becomes a freelancer. I’m not saying that this is standard either. I’m just saying that it is possible and that reaching a certain age does not automatically close the gate to employment (and also income). Best regards Tolentino

Interestingly, the household budget showed the following:
Child benefit: 400 €
Costs for children: 300 €

In this constellation, you make a "profit" of 50 € per child.

Good that this remains so until the age of 18+.

That is not standard either, but rather requires a special clause.

Then take a look at the collective agreements for the public service. Because that is precisely often included, approximately as follows: "The employment relationship ends, without the need for termination, upon reaching the regular retirement age." However, one can conclude a separate contract with their employer in good time that establishes an employment relationship beyond the retirement age. And regarding the Baukindergeld: an application not only has to be submitted in 2020, it must also be approved within that year! One third of the year is already over, and in many building authorities progress is now only at a snail’s pace due to Corona. Even without Corona, in my experience it is often a small marathon until the Baukindergeld. You just have to catch the "right" clerk and you’re out of luck. Here in the city administration such an approval can easily take 6 months. For a completely normal house in a development area with a legally binding development plan. How does that work? Well, the colleague at the office opens the documents, finds a transposition of numbers or something like that, and immediately shuts the file again. Back to sender. The applicant corrects the transposition and sends the application to the office again. Then the colleague finds the next transposition four pages later and shuts the file again and so on..... At the moment I have very little hope left for the BKG. For the reasons mentioned, we did not take it into account for the financing, of course I would have liked to take it anyway.

Then take a look at the collective agreements of the public service. Exactly that is often included there, approximately as follows: The employment relationship ends, without the need for termination, upon reaching the regular retirement age.

= clause