How wealth builds up with age
The Bundesbank regularly asks households in Germany about their wealth. It places each household by the age of one person, the household's reference person.
What counts is net wealth: everything a household owns, minus its debts. State pension entitlements are not counted. The median is the middle value, half the households have more and half have less.
Wealth grows with the years of saving and often with a home of one's own, and in old age it falls again.
Questions people ask
How much wealth do households in Germany have at different ages?
According to the Bundesbank wealth survey, median net wealth rises until shortly before retirement age and falls again afterwards. What counts is what a household owns, minus its debts.
What is the median of wealth?
The middle value: half the households have more and half have less. For wealth it lies far below the average, because a few very large fortunes pull the average up.
Do pension entitlements count as wealth?
In this survey state pension entitlements and civil service pensions do not count. Private pension savings such as life insurance policies do.
The middle net wealth per age group and how often a home of one's own is part of it.
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Education, not advice. Disclaimer