Now let’s get to it: If you want to have enough money in old age at 50, you can take smart steps to improve your statutory pension and invest your savings.
by Sophie Schimansky
The pay-as-you-go pension system is faltering. This is a concern for all generations, but it is most pressing for the generation beyond their 50s. Because new concepts come too late for them. Economic researchers from Berlin and Mannheim examined the incomes of the generations born between 1947 and 1969 on behalf of the Bertelsmann Foundation and came to the following conclusion:
The good news: You can still be active in your 50s and supplement your statutory pension. In addition to time, there is another important factor when it comes to pension provision: large assets.
Source: Stern
