As baby boomers are forced to ‘unretire’ because they’ve not saved enough, 6-year-olds in Germany will soon have retirement accounts

Millions of baby boomers are being forced out of retirement, having realized their nest eggs don’t quite make ends meet. With people living longer than ever, the issue will only get worse. It’s a fate that Gen Alpha in Germany may never have to face.

That’s because under the German government’s new plans, children as young as 6 will start saving for retirement.

Enter the “early start pension”—a retirement program designed for children between 6 and 18 years old. 

Unlike your regular pension pot...