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Before costs; global equities about 6–8% in the long run

years

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€

Applies TER, historical return and ETF type

More detailsTER 0.2% · Equity ETF · Accumulating · with taxes · inflation 2%
%

Low-cost ETFs: 0.1–0.3%

Distribution type

%
€
€

€1,000 for singles, €2,000 for couples

%

Enter or drag a target final capital – the savings rate adjusts

€53,000 in deposits grow to €112,421 after 20 years – after costs and taxes. In today's purchasing power that is €75,656.

€50,000€100,0000 yr10 yr20 yr30 yr
Paid inReturnPurchasing power (today)Portfolio value after ongoing costs and taxes, before tax on sale. Drag the handle to change the term.
  1. 17 yrReturn exceeds deposits
  2. 18 yrFirst €100,000
  3. 20 yrFinal capital €112,421
Deposits€5,000 start + €48,000 instalments
€53,000
Return
+ €70,606
Fund costs (TER)
− €2,029
Ongoing taxes
− €661
Tax on sale
− €8,495
Final capital after sale
€112,421
Effective annual returnafter costs and taxes
6.42%
Real annual return
3.14%
Purchasing power in today's money32.7% loss of purchasing power
€75,656
Profit after costs and taxes
€59,421
Cost ratio
1.67%
Partial exemption
30%
Final capital before sale tax
€120,916

What you can do

  • €50 more per month+€23,323

    Final capital then €135,744.

  • Save for 25 years+€55,133

    You pay in €12,000 more – compound interest does the rest.

  • ETF with 0.1% TER+€1,356

    Lower ongoing costs at the same return.

  • With 2% inflation, your capital loses 33% of its purchasing power.

  • For accumulating ETFs, the advance lump-sum tax (Vorabpauschale) has been due since 2018. The calculation uses min(base yield, actual gain) under § 18 InvStG (base rate 3.20%, 2026).

  • Selling at the end of the term triggers approx. €8,495 in additional taxes on the gain (sec. 20 (4) EStG, with advance lump sums credited under sec. 19 InvStG).

  • Over long investment horizons, market fluctuations can be well balanced out (cost-average effect).

  • Withdraw money later with €112,421?

    Continue in the withdrawal plan with this final capital →

How this was calculated

Each month: savings rate minus order costs into the portfolio, return on the balance, then ongoing costs (pro-rata TER) are deducted.

The TER of 0.2% is deducted continuously from the fund's assets – it reduces the return every year.

Taxes: each year the advance lump sum or distributions, 30% partial exemption, tax-free allowance €1,000; on sale the tax on the remaining gain (flat-rate withholding tax plus solidarity surcharge).

The Total Expense Ratio (TER) is the overall cost ratio of an ETF. It is deducted annually from the fund's assets and covers management fees, custodian fees and other operating costs. Low-cost ETFs have a TER of 0.1-0.3%.

Calculation without guarantee. Past returns are no guarantee of future performance. Not investment advice.

ETF Savings Plan Calculator 2026 by Rechnerzentrale(opens in a new tab)2026 values