retirement savings in Germany, how much do I need? (feddit.org)

submitted 2 days ago* (last edited 2 days ago) by schneewiese@feddit.org to c/asklemmy@lemmy.ml

12 comments fedilink hide all child comments

I say 'in Germany' because there's where I reside, a welfare state.

We don't have 401K here, but public retirement systems, mandatory.

My employer also matches what I put in a small state pension system up to 50 euros. Not really much, better than nothing.

What number do I have to reach for a decent retirement? Retirement age: 67 years old.

Is it enough to save or do I have to invest?

you are viewing a single comment's thread
view the rest of the comments

[-] notsosure@sh.itjust.works 2 points 2 days ago

Clearly you must invest a considerable sum (at least 1/10 of your salary) each month , government pensions will continue to decline in value. It’s probably best to spread out your savings with a diversified approach (stocks, pension fund, realty).

this post was submitted on 18 Jan 2026

27 points (90.9% liked)

Asklemmy

52218 readers

533 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 6 years ago

MODERATORS