Germans are afraid of poverty in old age

So far, she hasn’t seemed to be able to take away people’s worries when it comes to pensions, despite all the pension reforms, mothers’ pensions and higher basic security. According to the authors of the study, this might be due to the fact that worries regarding the future are generally greater than worries regarding the present. In addition, older studies have already shown that people tend to overestimate poverty in old age.

But it might also be due to the fact that many people will actually be financially weak in old age and that they assess this situation quite realistically. This is also reflected in how differently different groups assess their old-age provision.

Also read, who are at risk of poverty in old age

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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