The best retirement plan is. Marry a nurse in time who is years younger than you. Applies to men, women of course need a younger male nurse. Warning. Not a doctor, because he fails without a nurse.
Pragmatically speaking: enough money for a worry-free life.
The form of housing may not matter, but I want to maintain roughly the same standard of living as before retirement. That means I want to be able to stay in my own home, be able to easily repair things like a new heating system or, in an extreme case, a new roof, and still have enough money left for hobbies, for which I will then have all day. Which hobbies I will have in 30 years... no idea.
Return on capital (or house) or something like that is quite secondary. In general, all the planning about what would be best in 30 years is totally vague and dependent on the political and economic climate. Not predictable for me.
Therefore, I keep it simple: paid off house by retirement and an additional private pension insurance, which should be worthwhile with the employer’s contributions. For me personally, a good and solid retirement provision.
I am 61. She is 56. Our plans were: house and land, life insurance, Riester on equity funds. In addition: children. Grandchildren, friends, home, quit smoking, regular sports-humor. K.
Paid-off house and land, renovated once more and brought up to date by the time I retire, enough money monthly to live on, friends, familiar environment, social contacts, family, etc.
If all else fails, my last residence is the [SENIORENHEIM] up the hill, which hopefully will still be run as it is now. The "old people" are not pushed away; it is an open house.
The last house on the mountain is down here at the harbor entrance. When I have to go there, all my friends have promised me they always come to visit with a bottle of HansenBlau and a liter of ColaZero. Then we raise one, listen to Deep Purple and Volbeat, and at the end Stairway to Heaven, munch on grandma’s hash cookies ,- and the guards can go to hell.....Haydee, you have to get your ladies to promise you that they’ll supply you with Johny Walker or something like that on the mountain—also part of retirement planning. Karsten
The whisky collection is moving along. I am the quirky old lady with a hip flask in my bag, hobbling along with a walker. Who knows, maybe my girls are there too. At the moment, only people from 4 villages are being admitted.