Retirement age 85: How increasing life expectancy affects pensions

Retirement age 85: How increasing life expectancy affects pensions

At some point, people will probably only be able to retire at the age of 85. This has a lot to do with life expectancy, which is constantly increasing. The topic of pensions is a popular and much-discussed one in Germany. Will my pension be enough in old age? Given the aging society, is the system on the verge of collapse? Can I afford to retire earlier? And what is the correct retirement age?

The economist Veronika Grimm recently warned that it will not be possible to finance a pension at 67 in the future. Rather, “the standard retirement age should be linked to life expectancy,” she told the newspapers of the Funke media group. The “trend towards early retirement” must also be stopped. Statements that brought Grimm criticism.

How long future generations will have to work until retirement is unclear. Likewise the financing. Because the system is increasingly faltering due to the shortage of personnel and skilled workers as well as increasing life expectancy. Harald Lesch has now outlined how society can counteract aging in a new edition of the ZDF program Leschs Kosmos.

“Retirement still begins at 67, but in 2065 the headline could look like this,” Lesch begins the article. He holds a newspaper into the camera, which shows him as a 105-year-old. The headline is: Retirement at 85. He admits that there is a certain