The federal government expects a contracting economy but less inflation for the following year. Institutes around the world are predicting something similar. One of these forecasts is particularly important for ETF savers and index fund investors.
Germany’s savers are experiencing tough times: inflation is currently jumping to ten percent. That’s why the savings are melting away at record speed. If you want to at least mitigate the depreciation in value, you should look around for lucrative fixed-term deposit offers. Currently three percent interest and more are possible.
Somewhat hidden, but clear in the draft of the 2022 annual tax law, are higher taxes for inheritance and gifts. Even without a tax being raised in the literal sense. But: Anyone who owns their own home or apartment building may have to act quickly. Until the end of the year.
The pensions of civil servants in Germany are clearly higher on average than the pensions. A request from the Ministry of the Interior shows that citizens would have to work 78 years for similar retirement benefits from the state treasury.
