, Author at Feller Financial Advisory

Altersvorsorgedepot 2027: Full Guide (Grants, Fees, Payout)

Altersvorsorgedepot 2027: the complete guide to Germany’s private pension reform Germany’s private pension reform is now law: the Bundestag passed it on 27 March 2026, and the Bundesrat gave its final approval on 8 May 2026. From 1 January 2027, a new state-subsidised retirement savings product enters the German market: the Altersvorsorgedepot (literally, “retirement provision …

Invest All at Once or Gradually: What the Data Actually Says

by Investment No Comments

Invest All at Once or Gradually: What the Data Actually Says The intuitive answer is usually wrong. Here’s why and when it’s right. You’ve just received a significant sum, an inheritance, a bonus, the proceeds from a property sale. And the question immediately follows: do I invest everything at once, or do I spread it …

When rents rise faster than salaries: do we really have to accept it?

by Real Estate One Comment

Last week, I met up with an old university friend over coffee in Frankfurt. We had both moved to Germany from Belgium at roughly the same time, a little over five years ago. The conversation moved from our lives to our cities, and then, as it always does, to the subject of housing. She told …

Company pension scheme bAV Germany guide for expats

bAV Germany: The 2026 Guide to Company Pensions

by Retirement No Comments

The German Company Pension Scheme (bAV): Practical Guide 2026 Understand, optimize, and secure your company pension, with calculation examples, comparisons, and concrete strategies. Table of Contents 01. What is the bAV? The German Pension System: The 3 Pillars In Germany, old-age provision officially rests on three complementary pillars. Understanding this architecture is essential to grasp …

Cost of early retirement in Germany for executives – €668k loss

The €668k Cost of Early Retirement in Germany for Executives

by Retirement No Comments

The cost of time: understanding the €668,000 opportunity cost of early retirement in Germany How the statutory pension system quietly erodes six-figure wealth and what a structured exit strategy can prevent. For corporate executives and high-net-worth professionals in Germany, the decision to retire at 63 is rarely driven by financial necessity. It is a prioritisation …

2026 Fiscal Changes: Strategic Guide for High-Earning Professionals

by General No Comments

2026 Fiscal Changes: Strategic Guide for High-Earning Professionals Your Net Pay Is Under Pressure If you earn above €100,000, 2026 marks a critical inflection point. For the first time, the pension insurance contribution ceiling has broken the six-figure barrier, reaching €101,400. Combined with slower growth in tax relief, this creates a “fiscal squeeze” where your …

The Retirement Gap in Germany: How It Hits High-Income Professionals

by Retirement No Comments

The Income Cliff: Why High Earners in Germany Face the Steepest Retirement Drop And how to bridge the gap with precision, not platitudes If you’re earning a six-figure salary in Germany, you’re likely operating under a dangerous assumption: that the statutory pension system (Gesetzliche Rentenversicherung) scales proportionally with your income. It doesn’t. The German pension …

Why Your Portfolio Requires More Than Technology Stocks

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Why Your Portfolio Requires More Than Technology Stocks The Diversification Imperative: An Introduction During the 2022 market decline, two investors with identical portfolios targeting 8% annual returns experienced dramatically different outcomes. One saw their portfolio drop 23%, while the other lost just 8%. The difference wasn’t luck, market timing, or stock-picking skill—it was mathematical diversification. …

Early Repayment of a Mortgage Loan: Advantages, Disadvantages, and Tips

by Real Estate No Comments

Early Repayment of a Mortgage Loan : Good or Bad Idea? Introduction Faced with a cash surplus, many homeowners ask themselves this crucial question: should I prepay my mortgage or invest the money elsewhere? This seemingly simple decision actually hides a complex financial equation that deserves in-depth analysis. While the idea of getting out of …

Comment fonctionne la création monétaire ?

How does money creation work?

by General No Comments

How Does Money Creation Work? Understanding what’s really behind our everyday money. I. A Bread for… Code? When we pay for a bread at the bakery, we hand over a banknote, a coin, or use our bank card. But in reality, we’re not giving a “good” with intrinsic value; we’re exchanging a piece of paper, …