Demographic change in Germany - causes and ways to avoid poverty in old age e.g. through real estate as the basis of old-age provision

Demographic change in Germany - causes and ways to avoid poverty
in old age e.g. through real estate as the basis of old-age provision

,Table of Contents
1. Poverty in old age as a problem of the present ...................................................................... 1

1.1 Motivation and objectives ................................................................................................ 1

1.2 Composition and contents of the thesis ............................................................................ 1

2. Demographic change - current population development and age structure in Germany ....... 2

3. Old-age provision in the Federal Republic of Germany ........................................................ 4

3.1 Types of pension provision............................................................................................... 4

3.2 Critical evaluation of a pension decision and the need for private pension provision ..... 5

4. The real estate as retirement provision ................................................................................... 6

4.1 Influence of demographic development on the property market ...................................... 6

4.2 The property as an investment for retirement - Example calculation for a property ........ 7

5. Conclusion and evaluation ................................................................................................... 10

6. Appendix .............................................................................................................................. 11

References ................................................................................................................................ 17




I

, I. List of figures

Figure 1 : Population development in Germany ........................................................................ 2
Figure 2 : Age structure of the population in Germany ............................................................. 2
Figure 3 : Linear Regression - Model for population development ........................................... 3
Figure 4 : Factor influence on the population ............................................................................ 3
Figure 5 : Evaluation of a pension notice in numbers ................................................................ 6
Figure 6 : Financing structure of the property ............................................................................ 8
Figure 7 : Development of loans and remaining debt ................................................................ 8
Figure 8 : Increase in value of the property ............................................................................... 9
Figure 9 : How much rent do you pay over the years .............................................................. 10
Figure 10 : Pension notice ........................................................................................................ 11
Figure 11 : Inflation table ......................................................................................................... 12
Figure 12 : Appreciation table .................................................................................................. 12
Figure 13 : Sample pension notice ........................................................................................... 13
Figure 14 : Pension taxation ..................................................................................................... 15
Figure 15 : Real estate investment - example calculation ........................................................ 16




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