Retirement at 63: so Much Money Really Loses Early Retirees

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The early pension remains in demand, but for many years it becomes expensive. Especially at the start with 63 the deductions quickly add up in the long term.

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Factuality

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Reading time 5 minutesMany insured persons of the year 1967 think about whether they can retire at 63 years of age. Basically, this is possible – via the old age pension for long-term insured persons. For this, at least 35 years of insurance must be fulfilled. However, the earlier pension start has a high price. Anyone who retires four years before the regular age limit has to accept lifelong reductions. At the same time, there is no further con…