Research report 2011 - Max Planck Institute for Social Law and Social Policy

Saving and Old-Age Provision: New Data for Better Answers

Coppola, Michela; Lamla, Bettina
Munich Center for the Economics of Aging (Prof. Axel Börsch-Supan, Ph.D.)
Max-Planck-Institut für Sozialrecht und Sozialpolitik, München
Understanding households’ saving behavior is very important, not only for social sciences scientists. The SAVE panel study offers since 2001 detailed information to investigate this topic empirically. The analysis of the data shows that although a vast majority of the population does not feel financially secure for their old-age, only a minority plans to increase their private old-age provisions.  The latest wave of the SAVE-study, conducted in cooperation with the Institute for Employment Research, will allow getting an even improved picture of the households’ old-age provisions.

For the full text, see the German version.

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