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

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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?

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[-] george@feddit.org 1 points 2 days ago

They send a letter once per year with a summary and an estimation of how much your pension will be if you keep contributing the same amount. Not sure how that takes inflation into account, €2k in 2025 will not have the same value in 2055, but yeah …

this post was submitted on 18 Jan 2026

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