Germany's economy is marking time. 2019, the growth was, according to the Federal Statistical office in the case of only 0.6 percent.

in the long term negative is that the productivity gains hardly more, as the "world" reported. The measure of productivity expresses how many Goods and services (output) produced in a certain use of labour and capital (inputs). If for the same Input, the Output increases, the productivity is higher.

Low productivity growth threatened social state

Simplified: With increasing productivity, the state can distribute more money. This is important for the Functioning of the welfare state – particularly, if the number of employees is declining. But in Germany, the productivity rises hardly more.

In November 2019, the Advisory Council on the assessment of the overall economic development ("economic way came") in a report to the conclusion: "In many advanced economies has slowed down productivity growth. Germany is no exception. Currently, the total economic productivity has been stagnating in this country even.“

another Central point of the economy was: "productivity is a long-term state-of-the deciding factor for material well-being."

It can therefore be deduced: Stagnant people, the productivity in increasing Numbers to Rest, there is less money to Distribute. This endangers the stability of the German pension insurance.

taxpayers to keep the German pension system in the life

Already, the tax-financed subsidies are high, in order to support the System. In the year 2018, the German pension insurance increased by a total of 312,28 billion euros . Thereof, or 236.4 billion of contributions from the Insured home. Almost 75 billion euros, had to cobble the taxpayer. This means: you can get To a Euro premium income of almost 32 cents of tax subsidy. Thus, the taxpayer is funding the German pension system is currently to a quarter.

this is Also why the supposedly simple "solution leaves", to support the statutory pension with more and more billions of taxpayers. In addition, the debt prohibits a brake to the government to Finance its tasks with high credit. Everything you know about your pension

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annuity under pressure

About the reasons for the weak productivity development, the Economists are still puzzling over. A possible explanation is The since the years of the European Central Bank (ECB), given the low interest rate policy could be an important factor. Thanks to extremely favourable financing companies on the market that would actually be too weak for the competition remain.

What dampens the productivity growth, the negative trend has a direct impact on the German welfare state and the pension system.

continuing the Trend, then pension increases of three percent in the years 2019 and planned for the 2020 past. Unless the policy is responsive and optimized for the public pension insurance. So much money you get at the age click Here for pensions calculator

to increase private Pension provision, the pension

But the citizens are not doomed to wait on decisions by the policy. You can also be self - self-provision is the key word here.

At the time of retirement, there are numerous possibilities. In addition to the state-subsidised Riester pension, a company pension scheme helps to increase the retirement pension.

in addition, investment experts recommend investing in high-yield investments. Those who shy away from direct investment in shares, should resort to so-called ETFs. This "Exchange-Traded discovery," scatter your money across a variety of individual companies. This helps to reduce exchange rate risks. Another advantage of ETFs: they cost only a small fee and can make easily money.

ETFs with a global system are, for example, iShares (international securities identification number ISIN IE00B4L5Y983) and Lyxor (international securities identification number ISIN FR0010315770)

investors can use when investing in ETFs also savings plans. They allow, with monthly investments starting from 50 Euro in the course of time, assets can be save.

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mbe Date Of Update: 13 February 2020, 13:00