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Germany: What is your 鈥渂ackup plan鈥 for an income in case you are unable to continue working?

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Source

Release date

June 2017

Region

Germany

Survey time period

2017

Number of respondents

14,400 respondents

Special properties

employees in Germany.

Method of interview

Online survey

Supplementary notes

The full question read: "Which, if any, of the following are part of your 鈥渂ackup plan鈥 for an income in the event that you are unable to continue working due to ill health or job loss?"
Information regarding the scale and index methodology can be found on a

Citation formats

Unforeseen early retirement backup plan of respondents in Germany 2017

Published by K. Scholle, Jun 6, 2017
This statistic illustrates the alternatives that people list as their financial backup in case of having to stop working earlier than expected in Germany as of 2017. It can be seen that a total of ** percent of the respondents claimed to count on employer-sponsored or individually purchased disability insurance. A reliance on personal savings or on a spouse or partner working completed the top three, with ** percent and ** percent of respondents respectively stating these as their back-up options in the event of having to stop working. The least popular back-up plan in Germany was to take a loan or loans from the bank with only percent of respondents stating this as of 2017.
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Pension funds in EuropeThe European UnionRetirement saving in the United StatesRetirement assets worldwideMutual funds worldwide
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