One in six elderly Germans at risk of poverty

A growing number of citizens over the age of 65 have less than 60% of the median income, Funke media group found Around one in six Germans over the age of 65 is at risk of falling into poverty, according to a study by the Federal Statistical Office and published by the German media group Funke. “The poverty risk rate for people over 65 increased from 14.7% to 17.4% between 2018 and 2021. Nearly one in six people over 65 in Germany is at risk of poverty, meaning they have less than 60% of the median income at their disposal,” the study was cited in the report. According to the finding, elderly women are more likely

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