{"id":4930,"date":"2024-04-25T06:50:24","date_gmt":"2024-04-25T04:50:24","guid":{"rendered":"https:\/\/www.stiftungfuerzukunftsfragen.de\/?p=4930"},"modified":"2026-07-21T18:58:13","modified_gmt":"2026-07-21T16:58:13","slug":"how-old-age-provision-is-changing-in-germany","status":"publish","type":"post","link":"https:\/\/www.stiftungfuerzukunftsfragen.de\/en\/wie-sich-altersvorsorge-in-deutschland-veraendert\/","title":{"rendered":"How pension provision is changing in Germany"},"content":{"rendered":"<figure class=\"sfz-chart\" id=\"chart-altersvorsorge-verandert-sich-1h1749wv08o1q2z\"><p class=\"sfz-chart-title\">RETIREMENT PROVISION IN TRANSITION<\/p><p class=\"sfz-chart-subtitle\">Out of every 100 respondents, the following specific steps were taken to provide for their retirement:<\/p><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 1100 764\" role=\"img\" aria-label=\"RETIREMENT PROVISION IN TRANSITION\">\n<circle cx=\"269\" cy=\"12\" r=\"9\" fill=\"#AFCA0B\"\/>\n<text x=\"286\" y=\"18\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"18\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"500\">2024<\/text>\n<circle cx=\"351\" cy=\"12\" r=\"9\" fill=\"#004F9F\"\/>\n<text x=\"368\" y=\"18\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"18\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"500\">2010<\/text>\n<text x=\"246\" y=\"87\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Private pension provision<\/text>\n<rect x=\"260\" y=\"44\" width=\"371\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"66\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">47<\/text>\n<rect x=\"260\" y=\"82\" width=\"395\" height=\"32\" fill=\"#004F9F\"\/>\n<text x=\"270\" y=\"104\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#FFFFFF\" text-anchor=\"start\" font-weight=\"600\">50<\/text>\n<text x=\"246\" y=\"166\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Savings \/<\/text>\n<text x=\"246\" y=\"188\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">savings<\/text>\n<rect x=\"260\" y=\"134\" width=\"276\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"156\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">35<\/text>\n<rect x=\"260\" y=\"172\" width=\"316\" height=\"32\" fill=\"#004F9F\"\/>\n<text x=\"270\" y=\"194\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#FFFFFF\" text-anchor=\"start\" font-weight=\"600\">40<\/text>\n<text x=\"246\" y=\"267\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Real estate purchase<\/text>\n<rect x=\"260\" y=\"224\" width=\"198\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"246\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">25<\/text>\n<rect x=\"260\" y=\"262\" width=\"229\" height=\"32\" fill=\"#004F9F\"\/>\n<text x=\"270\" y=\"284\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#FFFFFF\" text-anchor=\"start\" font-weight=\"600\">29<\/text>\n<text x=\"246\" y=\"346\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Operational<\/text>\n<text x=\"246\" y=\"368\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">pension insurance<\/text>\n<rect x=\"260\" y=\"314\" width=\"182\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"336\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">23<\/text>\n<rect x=\"260\" y=\"352\" width=\"158\" height=\"32\" fill=\"#004F9F\"\/>\n<text x=\"270\" y=\"374\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#FFFFFF\" text-anchor=\"start\" font-weight=\"600\">20<\/text>\n<text x=\"246\" y=\"436\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Stocks \/ Securities<\/text>\n<text x=\"246\" y=\"458\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">\/Fund<\/text>\n<rect x=\"260\" y=\"404\" width=\"182\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"426\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">23<\/text>\n<rect x=\"260\" y=\"442\" width=\"63\" height=\"32\" fill=\"#004F9F\"\/>\n<text x=\"270\" y=\"464\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#FFFFFF\" text-anchor=\"start\" font-weight=\"600\">8<\/text>\n<text x=\"246\" y=\"537\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Building savings contract<\/text>\n<rect x=\"260\" y=\"494\" width=\"126\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"516\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">16<\/text>\n<rect x=\"260\" y=\"532\" width=\"182\" height=\"32\" fill=\"#004F9F\"\/>\n<text x=\"270\" y=\"554\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#FFFFFF\" text-anchor=\"start\" font-weight=\"600\">23<\/text>\n<text x=\"246\" y=\"608\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Gold, etc.<\/text>\n<rect x=\"260\" y=\"584\" width=\"63\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"606\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">8<\/text>\n<text x=\"246\" y=\"660\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Bitcoin and similar products.<\/text>\n<rect x=\"260\" y=\"636\" width=\"40\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"270\" y=\"658\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">5<\/text>\n<text x=\"246\" y=\"708\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">Digital artworks<\/text>\n<text x=\"246\" y=\"730\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"19\" fill=\"#0E2B63\" text-anchor=\"end\" font-weight=\"500\">etc.<\/text>\n<rect x=\"260\" y=\"695\" width=\"24\" height=\"32\" fill=\"#AFCA0B\"\/>\n<text x=\"292\" y=\"717\" font-family=\"Montserrat, 'Trebuchet MS', sans-serif\" font-size=\"17\" fill=\"#0E2B63\" text-anchor=\"start\" font-weight=\"600\">3<\/text>\n<line x1=\"260\" y1=\"44\" x2=\"260\" y2=\"754\" stroke=\"#0E2B63\" stroke-width=\"2\"\/>\n<\/svg>\n<figcaption><div>Online representative survey of 3,000 people aged 18 and over conducted by GfK in Germany<\/div><\/figcaption><details class=\"sfz-chart-data\"><summary>Data as table<\/summary><table>\n  <caption>RETIREMENT PROVISION IN TRANSITION \u2014 Of every 100 respondents, the following specific steps have been taken to provide for their retirement:<\/caption>\n  <thead><tr><th><\/th><th>2024<\/th><th>2010<\/th><\/tr><\/thead>\n  <tbody>\n    <tr><td> Private pension provision <\/td><td>47<\/td><td>50<\/td><\/tr>\n    <tr><td> Savings \/ Savings deposits<\/td><td>35<\/td><td>40<\/td><\/tr>\n    <tr><td> Real estate purchase <\/td><td>25<\/td><td>29<\/td><\/tr>\n    <tr><td> Occupational pension insurance<\/td><td>23<\/td><td>20<\/td><\/tr>\n    <tr><td> Stocks \/ Securities \/ Funds<\/td><td>23<\/td><td>8<\/td><\/tr>\n    <tr><td> Building savings contract<\/td><td>16<\/td><td>23<\/td><\/tr>\n    <tr><td> Gold, etc.<\/td><td>8<\/td><td>not questioned<\/td><\/tr>\n    <tr><td> Bitcoin and similar products.<\/td><td>5<\/td><td>not questioned<\/td><\/tr>\n    <tr><td> Digital artworks, etc.<\/td><td>3<\/td><td>not questioned<\/td><\/tr>\n  <\/tbody>\n<\/table>\n<\/details><div class=\"sfz-chart-download\"><span>Download chart:<\/span><a class=\"sfz-chart-dl-btn\" href=\"https:\/\/www.stiftungfuerzukunftsfragen.de\/wp-content\/uploads\/sfz-charts\/altersvorsorge-verandert-sich-1h1749wv08o1q2z\/chart.png\" download=\"sfz-chart-altersvorsorge-verandert-sich-1h1749wv08o1q2z.png\">PNG<\/a><\/div><\/figure>\n<div class=\"page\" title=\"Page 31\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 8\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\" title=\"Page 7\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><strong>Result<\/strong><\/p>\n<p>The question of how to make financial provision for old age is a key issue for many people and is becoming increasingly important in a society in which life expectancy is rising. In addition to the statutory pension, which is not enough for many people, Germans use various ways to plan and organise their retirement provision. Almost half of the population pay into private pension schemes such as the Riester pension or life insurance policies. Savings deposits are still a common form of provision for one in three people and around one in four rely on property, occupational pension insurance, shares or funds. Compared to 2010, the proportion of those who invest money in the stock market has risen significantly, while the popularity of building society savings contracts has declined.<\/p>\n<p><strong>Reasons<\/strong><\/p>\n<p>The increased popularity of equities as a retirement provision is due to greater interest in high-yield investments and the low interest rates on conventional savings products. The attractiveness of property as a retirement provision is high, as it not only offers financial security but also represents lasting value. Company pension schemes are an attractive option for many employees as they are supported by employers. It offers security and predictability, as it is financed directly via the salary and is therefore often perceived as an \"all-round carefree package\".<\/p>\n<p><strong>Forecast<\/strong><\/p>\n<p>The way in which people provide for their old age will continue to evolve. More and more people are showing an interest in high-yield investments such as shares and funds to boost their retirement provision. Property will remain popular as a stable investment. Occupational pension schemes will slowly change and tend to be converted into equity investments. New forms of pension provision such as cryptocurrencies or NFTs as well as traditional forms such as precious metals will remain popular in the coming years.<\/p>\n<\/div>\n<div class=\"column\">\n<p>years is more of a supplement and not a substitute for the usual pension schemes. Despite all financial provision measures, it will remain important in future to regularly review and adjust your own pension plans in order to take account of changing conditions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Financial provision for old age is a key issue in a society in which life expectancy is steadily increasing and the birth rate is falling. This is because the statutory pension will simply no longer be enough for many people. As a result, more and more people are showing an interest in high-yield investments such as shares and funds in order to strengthen their retirement provision.<\/p>","protected":false},"author":36,"featured_media":4931,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_et_pb_custom_css":""},"categories":[53],"tags":[67,87,91,88,90,92,80],"class_list":["post-4930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chart-der-woche","tag-zukunftserwartungen","tag-familie","tag-geld","tag-kinder","tag-rente","tag-vorsorge","tag-zukunft"],"acf":{"ausgabe_nummer":"Chart der Woche, 2024-KW17","pdf-download_dateiname":"SFZ-PDF-4930.pdf"},"_et_pb_custom_css":"","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wie sich Altersvorsorge in Deutschland ver\u00e4ndert - Stiftung f\u00fcr Zukunftsfragen<\/title>\n<meta name=\"description\" content=\"Altersvorsorge ver\u00e4ndert sich, immer mehr setzen auf Aktien und weniger auf die gesetzliche Rente. 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