Pension for low wages: how to make provisions with little money – economy

By Thomas Öchsner

Take the right steps now

If there is just enough income to live on, it is especially difficult to save money for old age. Millions of low-paid workers in Germany feel like this. A lot of them believe: with the few bucks I could pretty much squeeze out of my household budget, it’s not worth it anyway. However, this is a mistake. Those who systematically use state allowances and subsidies from their employers can save tens of thousands of dollars. How not to give gifts – a guide.

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