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 could be due to the fact that worries about the future are generally greater than worries about the present. In addition, older studies have already shown that people tend to overestimate poverty in old age.

But it could 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