Steps to follow without sweetening cautions.

Lisa Bergmann, a 30-year-old PhD candidate at a northern German university, is planning for her retirement with a unique approach. Instead of focusing on financial mathematics, her consultation aims for genuine sustainability.

Bergmann's retirement planning strategy encompasses a broad understanding of sustainability, including ecology, social aspects, and corporate governance. This approach sets her apart from traditional retirement planning methods.

Despite her familiarity with index funds, Bergmann prefers not to manage her retirement savings alone. She is interested in the MSCI World SRI, a sustainability-screened investment option, but active fund management is necessary for her chosen approach.

Two providers are under focus for Bergmann's retirement planning offers. The Condor Insurance from the cooperative sector is one of them, offering a comprehensive fund selection, low costs, and no opaque fees. The second is FINA Finanzplanung AG, though specific details about its offerings were not provided.

Bergmann's monthly budget for retirement planning is 300 euros. She has expressed disinterest in investing in companies like Pepsi and Coca-Cola due to their perceived unsustainability. This sentiment was echoed in a recent event where football superstar Cristiano Ronaldo removed Coca-Cola bottles during a press conference and replaced them with water bottles, leading to a temporary loss of 4 billion dollars in the company's stock value.

Lawsuits in the US suggest potential investment risks due to Pepsi and Coca-Cola's involvement in the widespread obesity epidemic. However, higher administrative fees at the fund level do not deter Bergmann from her chosen approach.

It's worth noting that the term sustainability is generally subjective. For Bergmann, it means a long-term commitment to a fund-based pension insurance, which offers taxation benefits at the end of the term compared to a pure depot investment.

Interestingly, Bergmann's professional situation may change after her PhD, making it irrelevant to calculate the pension gap at this time. Despite this, she is determined to plan for her future with a sustainable approach.