Once again, there is talk of raising the retirement age in Germany.
Not long ago, we were told that borders needed to be opened so there would be enough people to pay for our pensions—funny how quickly that argument was abandoned.
The current life expectancy in Germany is 80.5 years. For men, it is only 78. Now there are discussions about raising the retirement age to 73. That brings us close to a reality where the average man pays into the system for his entire working life without receiving much in return.
“Just pay for your retirement privately,” you might say—and technically, you’d be right. The problem is that in Germany, you are forced to contribute to public systems in many ways, including retirement plans. There is simply no way to opt out while living in this country. That is how socialism works.
On top of that, insurance companies are required to invest large portions of private retirement funds into government bonds to prop up a public system that wastes money and is collapsing under corruption and incompetence. When the public pension system fails, most private plans will fail with it.
Since mass migration did not solve the problems created by the state, the government is now playing its final card before admitting that public pensions will no longer be paid out at all: raising the retirement age so that as many people as possible die before ever reaching it.
So what happens once the age is raised to 73?
They won’t stop wasting taxpayer money. They won’t slow down migration. They won’t do anything to prevent ever-growing state debt from consuming all public funds. A decade later, they will simply demand another increase—this time to 75. After that, it will be 76, 77, 78, 79…
I’m preparing for a life of continuous work until the grave, while investing my money in perceived safe havens such as gold, silver, and crypto. I am also preparing by building jobs and income sources that I can still do with a broken body—which inevitably comes with age—such as computer work, writing books, and creating passive income streams.
Since insurance systems will collapse along with the state, I am preparing by relying on no one but myself and my family for the final stage of my life. And if you want my advice, I recommend you do the same because Germany’s problems are almost everywhere in the Western world.