Young people are increasingly investing in stocks and funds

Berlin The young generation is worried about their livelihood in old age – and is increasingly taking preventive measures by investing in shares or funds. The new youth study by the Metall-Rente pension scheme shows that around three out of four young adults are afraid of getting a low pension when they are old and being poor. Women are much more concerned than men.

There is a widespread awareness among adults under the age of 30 that additional security is required in addition to the statutory pension. But only around every second person saves at least occasionally for old-age provision. “For 20 years we have had a proportion of 40 to 50 percent of young people who we cannot reach with the current pension policy,” criticizes Heribert Karch, co-editor of the study and until the end of 2021 Managing Director of Metall-Rente.