Private retirement provision and free saving alongside financing?

In my opinion, parallel free saving would also be possible with repayment. From this point of view, I see a clear priority here, as also stated by merlin83 (although having no retirement provision is somehow bold, but presumably not true like that).

BU and term life insurance are risk protections and therefore not the topic here. Most will also have health insurance.

(Well, a pension insurance ultimately covers the risk of "early death/long life." Nevertheless, I would understand it as provision/saving; unlike BU or term life insurance, which are normally not claimed.)

Do I see it correctly that those who now have, for example, Riester, already had it before (before the house)? Like me...

But did you then also consciously say: Besides the repayment, the interest, the maintenance reserve, and a constant existing reserve in the instant access savings account, I *simply* also save 150 euros/month (the amount may vary)? Or do the 150 euros/month then rather consistently go into special repayments?

...I only have the retirement provision that the law requires from me

I only have the retirement provision that the law requires me to have

Do you think that will be enough in old age or will you just keep working? Or is that simply not a topic for you?

Do I understand correctly that those who now, for example, have Riester, already had it before (before the house)? Same for me...

But did you also consciously say: Besides the repayment, the interest, the maintenance reserve, and a constant existing reserve in the instant access savings account, I *simply* save another 150 euros/month (the amount may vary)? Or do the 150 euros/month rather consistently go into special repayment?

Yes, I have had the Riester since the birth of our first child. And this “child“ is turning 21 this year.

The “150€” amount consistently goes into the instant access savings account. Whether special repayment or purchase.....that will be decided at short notice when the special repayment is due at the latest.

Yes, I have had the Riester since the birth of our first child. And this “child“ will be 21 this year

Riester has existed since 2002 (Wikipedia). In 1995 (12 years ago) Norbert Blüm was Federal Minister. And it was only in 1998 that Maschmeyer supported Schröder in the state election campaign in Lower Saxony, who coincidentally propagated private pension provision for the first time(?). What kind of Riester contract do you have? Now I'm really digressing ...

I. Just because I don't sign a retirement contract doesn't mean I have less money in old age. Money that doesn't go into the framework of a retirement contract is not necessarily spent foolishly (in my opinion, however, this is very often suggested by sellers).

II. The need usually decreases in old age; typically, loans should be paid off and one lives rent-free.

III. Anyone who builds a house is in a fairly decent income bracket, so the income in old age should still be sufficient.

I myself pay into another pot, but not only for that reason do I not worry about old age.

BU and term life insurance are risk coverages and therefore not a topic here. Most people will also have health insurance.

This is, in my opinion, a strange but widespread attitude. The basis for any kind of wealth formation must first be protection against life-threatening risks. Health insurance is a good example of this, as is long-term care insurance or car liability insurance, all of which are legally mandated for good reason.

We basically follow the principle with insurance that we insure everything that would financially ruin us in the "worst case." In addition to those legally required, in our case these are: private liability, disability insurance, term life insurance, and supplementary long-term care insurance as a money market account (the latter because of the contraction obligation for newborns). For a single person, of course, the first two are sufficient...

As long as this security is not given, in my opinion, one should not even consider investing money, whether in real estate, stocks, pension insurances, money market accounts, or anything else. These things must be affordable in a double sense.

Specifically regarding your question: Although we do not yet have a mortgage to deal with, I would tend to put everything into repayment. Few people are probably hardened enough to gamble on the stock market alongside a few hundred thousand in mortgage debt, and besides, there are hardly any investment opportunities that offer a higher return (with maximum safety).
On the other hand, I consider it obvious that one should leave oneself enough money to live on (vacations, movies, food, purchases, etc.).

And yes, I may be a little security-oriented, but I am also no longer a single person in my early 20s.