The question of a suitable capital investment with regard to old-age provision concerns a large number of workers. But which type of old-age provision is the most trusted?
This question was addressed by a survey by HDI Lebensversicherung, in which 3,633 employed German citizens were interviewed. Participants were asked to answer the following question: “Which of the following options do you have the most trust in to provide for old age?”
Real estate makes the running
As can be seen from the results published by HDI in a press release, real estate ranks first by a wide margin. Around every second employed person (51 percent of those surveyed) has the greatest confidence in their own house or apartment when it comes to old-age provision. For comparison: The private life and pension insurance companies, which come in second place, represent the most trustworthy capital investment for 24 percent. As HDI explains in its press release, during the COVID-19 pandemic, confidence in their own property as a retirement provision has even increased for every third person in employment.
In the west of Germany, the ratio is 53 percentage points more in favor of real estate than in the east, where only 45 percent of those surveyed see it as a capital investment. Particularly in Rhineland-Palatinate and Hesse, property with 59 percent each enjoys a particularly high level of trust among the surveyed workers, but Baden-Württemberg, at 55 percent, is also above the national average of 51 percent. In Berlin (37 percent), Saxony (44 percent) and Mecklenburg-Western Pomerania (47 percent), trust in real estate is comparatively low.
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