To the mix, it arrives while fighting in Germany still have about the security of the pensions, have acted long other countries. It shows: without involving the capital markets does not in the long term. There was once a time where American, Swiss and Dutch visited Germany, to study its social model. You admire this model. But that was long ago, today they wonder just yet. Because the country has failed to adapt to the framework conditions the social systems which have evolved dramatically over the decades. Jim Rogers is actively involved in the matter.

As an example, Germany is no longer good. Other countries are now much further this also applies to the subject of pensions. Here on land, it were already force acts to extend the future working life in small increments until the age of 67. and to strengthen the element of funded pensions with the Riester pension. Other countries are as much more radical and more successfully gone before. Pension systems are organized according to the assessment or funded (see Lexicon). The pay-as-you-go system depends heavily on the demographic trends.

The more boy move up, the more money flows into the retirement fund. For funding the income depends, however, the weal and woe of the financial markets. The exchanges, haussieren the future retirees can count on high yields, prolonged bear market they turn out lower. Best – so the economists – driving countries that mix both approaches in the ratio of 50 to 50. In this way, you can mitigate the consequences of an ongoing population decline–all industrialized countries have to cope with. The demographic development is particularly unfavourable in Germany. It is even more fatal, that still 85 percent of retirement income will come from the – PAYG – statutory pension insurance. This shows that German politicians have not done their homework. Germany: retirees as much by the State pension are to contribution-oriented system in hardly any other country depending on like in Germany: she’s an average 85 Percent of retiree income from. Despite Riester reform still substantial action is required at the operational and of private interest. Review the State pension is organized according to the principle of the assessment procedure. Because of the long, extremely low birth rate in Germany therefore tends to be less and less money into the pension fund flows. The rapid construction of a funded care is urgently needed.

What you need to know about disability, and how you can secure disability is is a very unknown term for many people in Germany. But every fourth professionals is already berufsunfahig regular retirement. Unclear is however often when it is considered berufsunfahig, which causes and consequences has a disability. In addition, the State in the event of an emergency offers little financial protection. What is disability and what causes has she? A disability exists when a worker due to an accident or a disease less than three hours a day may pursue his profession. The causes are many: steadily rising is disability as a result of mental illness.

Meanwhile, nearly 30% of documented cases on a depression are due a burnout syndrome or schizophrenia tendency rising. They are followed by physical ailments such as herniated or tendonitis (approximately 18% of BU cases). But also heart/circulatory problems and cancer are often cause. Strenuous occupations such as roofers and nurses are particularly vulnerable physically. But even professions that little on the body such as commercial jobs are immune from disability.

Here, psychological stress are main reason for a disease first and foremost. The disability must be determined in each case by a medical certificate. What does the State disability? A disability is determined, the State disability pension should intervene and absorb the resulting loss of income. However, the disability benefits for most recipients is barely sufficient and therefore viable. Because only about 30 percent of the previous gross salary is taken over by the State. The pension gap is extremely to the part. At a gross salary of 2,500 and a net amounting to 1,500 he gets Berufsunfahige for example, in the best case 750 State support. There are 750 to missing therefore previous net salary to reach. The pension gap means a significant loss of own life quality for most receivers. In addition to the physical or mental suffering, which has led to the disability, the State disability pension barely enough to maintain the hard-won standard of living? Going to the welfare office is inevitable for many Berufsunfahige without private pensions. The private insurance a must-have for every employed the State hardly helps to disability. The pension gap must be closed with a private pension. Here, a disability insurance policy should be completed. To to the gap in the example above in height of 750, a 30 year-old man with less physical exertion a good rate for example already receives 14 monthly net contribution (insurance coverage up to the age of 60). There but for the disability insurance some obscure clauses (waiting times, abstract reference), is a hasty conclusion of private disability insurance to dissuade. Therefore an independent consultant should be contacted before graduating, which explains all ambiguous terms easy to understand.