Inflation Eats Pension: Survey Reveals Alarming Figures – "Societal Emergency"
10 Articles
10 Articles
The strong price increases in recent years have led to fewer reserves for their retirement age for Germans, new survey results show.

Last but not least, life in Germany has not been so much more expensive. Nevertheless, prices have risen for many things of daily need. This also affects saving for old age.
Here you will find information on the topic "Dangerous pension gap". Read now "Inflation slows down many people in private pension provision."
According to the economist Monika Schnitzer, statutory pension insurance is facing massive challenges. "If the government does not do anything, the collapse will inevitably come," warns the economist in an interview. In addition to pension reforms, she also calls for a stronger financial commitment of the citizens in care provision. read more
The strong price increases in recent years have led people to put less money into their private pension provision. This is shown by a survey commissioned by Axa Deutschland. Inflation was cited as the reason for lower pension savings, which was 8 percentage points more than two years earlier. The number of people who do not invest in this sector is 35 percent. [...]
Higher prices in all areas of life are increasingly hampering private pension provision in Germany. For many Germans, pension provision is becoming a financial hurdle.
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