New survey
Majority of Germans would work longer – because the pension is not enough
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With tax billions, the federal government wants to keep the pension stable. However, according to a survey, many future pensioners have doubts. A majority therefore plans differently.
Is the legal pension enough in old age? No, I think almost three quarters of the workers in a YouGov survey for Postbank. In order to keep their standard of living, a good half (54.3 percent) of the 1163 employed people would be willing to work beyond the statutory retirement age – mostly in part -time and up to the age of 70.
However, every fifth of this group (19.8 percent) would only work further if they earn more. A third of the respondents reject longer employment in old age.
Tax billions for the pension
The federal government wants to reduce hurdles so that older employees can continue to work if they want. In addition, Federal Social Minister Bärbel BAS (SPD) is aiming to secure the pension level with billions of billions in 48 percent by 2031.
To use tax money to stabilize the statutory pension, almost two thirds (63 percent) of the adults surveyed in Germany at the end of May are correct. However, more than every second respondent (57.3 percent) doubts that tax revenues can keep the pension level stable in the long term.
Desire for more funding for stocks for old -age provision
About half of the respondents therefore also meet private provision for a financially carefree retirement as possible. Almost 70 percent would be good if the state would promote the investment in securities such as stocks and funds for retirement provision – even among children and adolescents.
In other countries such as the Netherlands, Great Britain, Sweden or the USA, income from stocks and other financial products are an important component of the income of pensioners.
Dpa
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Source: Stern