Construction costs are currently skyrocketing

Starting a fund savings plan with 50 euros at 20 years old, saving for 45 years, and presto, you have just over 100,000 euros in the portfolio at retirement.

Then we are about the same age. I see the whole thing a little differently:

Since school, I have known that the state pension will never be enough. My parents have also known this for a long time and have responded accordingly. For about 30 years, I have been saving into a pension insurance (until a few years ago my father was doing it for me). Due to the long term and the good guaranteed interest rate of the policy, this already forms the first building block for private retirement provision. When I started working, I took out another insurance. My employer currently pays 6.5% of my gross income into a company pension (I have zero personal contribution), which also pays in case of reduced earning capacity. Additionally, there is a small securities account and our condominium. As of today, my expected pensions will end up roughly at the same level as my current gross salary. Maybe I will use this and retire earlier with reductions and use the gained time.

What am I getting at? The pension problem has been known for so long that everyone who is around 40 today could have long since started private provision. Starting a fund savings plan with 50 euros at age 20, saving for 45 years, and voilà, you have just over 100,000 euros in the securities account at retirement. Of course, those who only start thinking about old age at 40 have it considerably harder. One of our biggest advantages is that we consciously decided against a house and for an apartment. Our monthly burden is almost ridiculous at 800 euros, and we have enough leeway for other projects and especially for reserves.

What solutions are there actually for a lift-and-slide system for insect protection? I've been pondering for a while how we should do it.

Hand up who knows a government that would survive this...

We have this in our own hands by correcting the demographics. Have children, at least two. Then it will be fine again.

So I lived in AUS for 3 months, but didn’t work. Basically it was an extended family visit/holiday. In that respect, I was not familiar with the pension system in detail, especially since my father only had tourist visas for repeated exits and entries and his wife was a guardian there.

But I think I read something back then and remember that it didn’t seem totally stupid to me.

But in my opinion and from my experience in Queensland, owner-occupied housing is rather of poorer standard in substance (thin wooden stud frame with single-layered plasterboard).