Trade Republic founder Hecker: “The state is taking your pension away from you”
“The pension is secure” – with this sentence Norbert Blüm, the former CDU labor minister of the Kohl era, became famous more than 30 years ago. Today, many young people in particular are likely to have doubts about this political promise. The pension gap is growing from year to year, the much-discussed stock pension is a long time coming and is only supposed to start with a small amount anyway. If young contributors do not make private provisions, it will be difficult to get an adequate pension in old age. And there is actually no way around the stock market. In this episode, Philipp talks to Christian Hecker, founder of Neobrokers Trade Republic, about how the weaknesses of the German pension system could be solved, why young people shouldn’t just rely on the state for their pension – and what stock savings can do for retirement.
Fintechs like Trade Republic and N26 have shaken up the entrepreneurial world. Valuations are now falling and investors are acting more cautiously. Read here where the German fintechs are headed.
Disclaimer: This podcast is not investment advice, it is for information and entertainment purposes only. The hosts or the publisher assume no liability for investment decisions that you make based on the information heard in the podcast.
How do you like the podcast “BörsenWoche”? Please take part in our survey at wiwo.de/glück so that we can make the podcast even better.
There is also a special subscription offer exclusively for WirtschaftsWoche BörsenWoche listeners: https://benefits.wiwo.de/bw-podcast/
Do you want to know more about investing? In the WiWo BörsenWoche you get concrete investment tips, in-depth analyzes and assessments of trends every Monday. At the heart of the “BörsenWoche” are two model portfolios, in which the focus is on investing on one’s own initiative.
The podcasts of WirtschaftsWoche
You can listen to the podcast episodes at www.wiwo.de/podcast and wherever there are podcasts:
– Subscribe directly to Spotify.
– Subscribe directly to Apple Podcasts.