When the money runs out

Dec 1, 2023 | Economics, People, Videos

Germany’s growing retiree population is facing an alarming reality: more and more of them are living below the poverty line. In fact, figures from the Federal Statistical Office indicate that the percentage has now surpassed 15% and is growing faster than any other demographic. Faced with this bleak situation, many retirees are struggling to make ends meet and facing the harsh reality of choosing between essentials like food and medicine.
But what is the story behind this phenomenon? What factors have led to this situation, and what is being done to address it? “Third Person” explores the personal stories of those affected, and sheds light on an issue that is affecting more and more people every day. Come along on a journey to learn more about this pressing issue and find out how the German system can better serve its aging population.

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David B