[HIGHLIGHTS] “75 is the new 65”: Experts see retirement in your sixties as a “dream” instead of “reality”

More and more people are retiring, and fewer and fewer people are working. According to experts, the system must adapt to change.

Germany is not alone in this development. British financial experts also agree that retirement in one's sixties is more of a "dream than reality." According to an estimate by the United Nations, one in six people will be 65 years old or older by 2050. In Germany, in 1960, this was around 66.9 years for men and 72.4 years for women. In 2020, according to the Federal Statistical Office, it was 78.3 and 83.2 years respectively. In the UK, "I think 75 is the new 65," Chris Parry of Cardiff Metropolitan University told the BBC.