Financing monthly installment €2500 with 40 years term

Isn't that a pipe dream? Your contributions to disability insurance are deducted from your gross income, meaning less salary, therefore less statutory pension. If you have to claim disability insurance, taxes will be added, then the pension will be offset against your disability insurance. In short: you will receive a bit more than the basic income support but relieve the taxpayers with your disability insurance.

Back2Topic. Did the two teachers buy it now?

Why is it deducted from the gross? For me, it isn't.

Isn't that a pipe dream?
Your contributions to the occupational disability insurance are deducted from your gross income, so less salary means less statutory pension. If you have to claim the occupational disability insurance, taxes are added, and then the pension is offset against your occupational disability insurance. In short: You will receive slightly more than the basic social security, but you relieve the taxpayers with your occupational disability insurance.

Back2Topic.
Did the two teachers buy it now?

Uh, no. When I was hired, it was negotiated that my employer would pay an additional 5.6% (based on my gross) on top of my salary into a company pension scheme and that I would have zero personal contribution. This pension also pays out in the event of a reduced earning capacity pension and pays the pension at the level I would receive at age 65 with continued contributions.

So this costs me nothing and does not reduce either my statutory pension or my current net income. It is simply an instrument for employee retention by my employer.

Uh, no. At the time of hiring, it was negotiated that my employer would pay an additional 5.6% (based on my gross salary) on top of my salary into a company pension scheme and that I would have zero personal contribution. This pension also pays out in the event of a reduced earning capacity pension and pays the pension amount that I would receive at the age of 65 assuming consistent contributions.

So it costs me nothing and neither reduces my statutory pension nor my current net income. It is simply an instrument for employee retention by my employer.

Well, presumably your employer would have paid you 5.6% more gross salary otherwise. Now he just pays it into a company pension scheme.

The danger that the 75-year-old dies during the renovation is real. The life expectancy of men in Germany is 78.5 years.

The life expectancy of newborn men in Germany is 78.5 years. The life expectancy of men who are 75 years old today in Germany, on the other hand, is 11.05 years, i.e., "final age" 86 years...

The life expectancy of newborn men in Germany is 78.5 years.

The life expectancy of men aged 75 today in Germany, on the other hand, is 11.05 years, so an "end age" of 86 years...

I said the danger is real. And it is, your numbers don't change that.

Well, presumably your employer would have paid you 5.6% more gross salary. Now he just pays that into a company pension scheme.

With a company pension scheme, the employer must contribute more than what is deducted from the gross salary, namely at least the saved employer contributions. In addition, the tax rate during retirement is often lower than as an employee. Therefore, these arrangements can certainly be worthwhile in the long term. Unfortunately, it is a far too complex topic and always an unknown bet on the future, in which politics likes to change the rules of the game. But that can also happen with ETFs or other forms of retirement provision. I think it is important that you do at least something more than just the statutory pension and homeownership.