Is home financing with 410K realistic and feasible for us?

  • Erstellt am 2018-01-07 12:59:33

Heidelberg85

2018-02-15 07:48:41
  • #1
Well, that’s nonsense – or to put it a bit more politely: bar talk. Of course, a lawyer can have numerous illnesses that make him or her unable to work. Ranging from herniated discs or actual issues with eyes or hands that make working at a desk impossible, to burnout and other stress-related illnesses. Whether however one wants to make an insurance company happy by taking out private disability insurance in addition to the professional pension scheme disability insurance is a different matter and I consider it rather overinsured.
 

ypg

2018-02-15 11:58:21
  • #2


Head and soul can become ill in the long term: migraine, depression, burnout, eyes... cancer... Why do you think only craftsmen can seriously get sick? Without hands, I certainly wouldn’t be able to go to work [emoji23]
 

Matthew03

2018-02-15 12:52:42
  • #3
I have rarely read such nonsense, sorry. But "pub talk" fully applies here. If you can still work with severed hands: fine. It should be clear to you that this does not necessarily represent the majority. Other people here have also given enough examples (burnout, depression, etc.) that affect the "head." Incidentally, the "back," i.e. spinal diseases, is now the most common cause of occupational disability. IT professionals are even among the most affected in this regard. A teacher also works with their brain; the number of teachers unfit for duty has practically skyrocketed in recent years. The working capacity of every person is the basis for EVERYTHING in life; I cannot understand those who "gamble" with it. And those who start relatively early also get a reasonable contribution, e.g., my partner pays €40 monthly in her mid-20s for coverage of €1,500 monthly pension. Since sooner or later one in four (tendency rising) becomes occupationally disabled, for me the risk does not add up. On the subject of "coma": a private occupational disability insurance pays if you can no longer perform at least 50% of your current job. This is certified not by a medical officer but by one of your choice. I have three examples from my acquaintances who are grateful to receive disability insurance, and they all still have their hands.
 

berny

2018-02-15 13:08:40
  • #4
Well... actually, private insurance companies make their living by collecting more premiums than they pay out in benefits. There are already enough examples where the insurance does not pay despite obvious facts – and in the case of a policyholder who is 60%, 70%, etc. disabled, they would certainly rather pay 20K in legal fees once to prove the man isn’t really that ill... than pay 1.5K per month to the policyholder for 20 years. Not always, but more and more often. It can’t be viewed so simply in black and white as above; it’s a matter of probability, basically.
 

hemali2003

2018-02-15 13:33:46
  • #5
I think one should not be deterred by the supposedly high contributions of a BV.

You don't always have to set the absolute maximum as a pension (i.e. current earnings + inflation + even a bit more on top because "your own entitlement increases over the years").

A "small" BU is still better than nothing. Because with the statutory EUR along with all regulations/requirements, you actually don't get very far...

And: Of course, a BU also makes sense for desk workers! Since the risk is lower compared to manual labor, the BU is significantly cheaper for them!
 

Matthew03

2018-02-15 13:50:57
  • #6


About 2/3 of the net income (1/3 should come from the state) plus 2-3% dynamics and you are properly secured.
Today's contracts allow increases with salary increases, birth of a child, marriage, home financing even without a new health examination, so you can easily readjust.


Of course, there are also these individual cases, clearly. But the insurance primarily lives on the fact that the "early" disablements are rare fates, while the majority of the "one in four becomes disabled" become disabled only from the mid/late 50s.
 

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