Earlier quoted context omitted.
> by the time I will go into retirement, the whole system will be unviable financially and I might get nothing. What do you mean when you say "financially unviable"? There have been similar concerns raised about the US retirement system, but AFAIK that only means less money coming in than promised going out. The income is predicted to stabilize at ~75% of expenses after the "Baby Boom" generation finishes retiring. A…
I don't know how the US retirement system works, but I think Germany is pretty unique in that the current working population is directly paying for the pensions of the retired population. There is no investment of those funds of any kind or something like that. The state is already taking up huge loans to finance this, as we don't have enough payers. We have about two payers to one pensioner at the moment, but when I…
Why do you think Index Funds would solve the upcoming issue?
https://en.wikipedia.org/wiki/File:Gemany_population_pyramid...