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A summary of the last 5 years. But where is the trend heading? Keyword abolition of the pension at 63 in Germany, 6-day week in Greece...
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@Reinecke A fair point. In my opinion, this is a topic for a separate post, as it varies greatly from region to region. And therefore very extensive.
The pension systems are not comparable.
In my view, it is also difficult to predict what the political reaction will be - and even more difficult to say which shares could benefit from this.
Do you have any further insights?
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@Money-Man It will change the market. Anyone who is 57 today will no longer be able to afford a boat/mobile home when they retire. The assets will then be created by the inheritance from the boomer generation. Anyone who is around 40 today will be left out in the cold because the state pension will no longer exist in this form. Generation Alpha will not allow the pension system to be imposed on them ... while Generation Z is howling about climate costs, Generation Alpha will shake up the social system and its costs.
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@Reinecke Incidentally, this is my guiding principle for building up my wealth.