With pension to Turkey: Inflation makes cheap retirement life more expensive

With pension to Turkey: Inflation makes cheap retirement life more expensive

While pensions in Germany are often not enough to maintain the usual standard of living, life is good in Turkey. But inflation makes the future uncertain.

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Jump into the Mediterranean in the morning, sip tea and play cards in a shady café in the afternoon, and enjoy grilled fish at the end of the day – retirement life outside Germany could be so wonderful. Around 1.7 million statutory pensions flow abroad every year, according to the German pension insurance.

Source: Stern

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