[ivan_gammel]

> transition to privately run retirement schemes like the superannuation scheme of Australia.

How is this a solution? Let‘s say you are a social worker or a teacher, lower middle class income. What kind of financial trickery can potentially save you after retirement if you barely meet the ends now and demographics aren’t looking good?

[ostenning]

Australians are able to fund their retirement with it, why wouldn’t Germans be able?

The main advantage that it works with both a growing population, but also a shrinking one

[ivan_gammel]

Are Australians able to fund their retirement in 2050? This is the only question that matters, because Germans can fund their retirement now too.

Investing savings via a fund is not unreasonable, but will it beat the inflation in the long term, taking into account management commissions and taxes? The answer is not obvious to me.