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Women earn on average only half as much as men over the course of their working lives, as they often work part-time because of children, are often employed in the low-wage sector and the gender pay gap is still large. Women’s pensions in Germany are therefore on average only half of the average men’s pensions.
No wonder that many women in this country are afraid of old-age poverty – according to a study by the magazine Brigitte from 2021, sixty percent of those surveyed are. For women, planning for retirement is therefore particularly important. They should inform themselves in good time about private pension options – such as Rürup contracts or ETF.
If you want to understand what you can expect from the german state pension than you can calculate it accurately with our mobile app.
You can also simulate any potential investments in the app that you could make to supplement the state pension.
Download our app and start gaining insight into your current and future finances.