TT logo
You are viewing a low-graphics version of this page. Click the headline to view full version:

Pensions - start saving now before its too late

A general warning and miscellaneous info

Toytown Germany > Discussion forum > Germany-wide > Life in Germany
katz
I "do" the old ladys hair in a sheltered house, some of the poor old dears live on €750 a month , ok one lady is 91yrs old worked 35yrs and now has to live on this amount, she told me she thought she would die n her 70 ts becase she had worked so hard in her life, and did not expect to live so long...so now is the time to think for the future and ask "will i have a good life or must i struggle" for me i would be Quite happy to POP off when i am 70!
HellesAngel
Indeed - I'd suggest not working too hard in your younger years (unless you're earning hundreds of thousands a year and can confidently retire on your first heart attack) as we're all going to have to work to 70+ to avoid foraging for food in the forests on our retirements. And find a job you enjoy as you'll be going there for decades. And don't have only a single pension with a single company. And don't believe governments or advisors (they're both selling pensions solely for their own benefit).

You could buy some property in rural India and retire now, however.
You are viewing a low fidelity version of this page. Click to view the full page.