Option 1: pension arguments for monthly payments that money constantly and really until the death of the insured person paid. No matter whether he is now 80 or 120 years old. Subjectively seen insured feel the monthly money inflow as permanent income. This increases their sense of security and eventually even their life satisfaction. Losses by wrong investment decisions are practically excluded. The yield is narrow, but for contractually guaranteed. To undo not more arguments against monthly payments which allows once precipitated decision. The investor sets so at the end of the life.
The insured person could die at an early stage and thereby get paid much less, than he has tabled contributions. A continuation of survivors can be regulated although contractually, but costs much return. Retirement is not worthwhile for smaller amounts. Option 2: capital arguments for a one-time withdrawal of investors can have his money freely and flexibly with. He can continue to it bringing profit or to fulfill a lifelong dream. The payout from old contracts that were concluded before 2005 and ran at least twelve years, is even tax-free. The capital can be inherited by survivors; so little is lost in the event of death. Arguments against a one-time withdrawal of the investor shall bear the risk of another plant.
He verspekuliert, experience losses. Also at That the money is used up too early risk withdrawal plans. The tax share is much higher payout plans. Investors feel the steady outflow of funds as shrinkage. This detracts from the satisfaction. Differences in Sofortrente provider monthly pension Alliance 462 euro Debeka 475 euro Gerling 454 euro Hamburg-Mannheimer 469 euro mamax life 480 euros source: Exchange online