German word

Altersvorsorge

Pronunciation

IPA/ˈaltɐsfoːɐ̯ˌzɔɐ̯gə/

Meaning

  • feminine nounretirement savings

Example

Die Altersvorsorge ist wichtig.

Retirement savings are important.

Illustration for Altersvorsorge (retirement savings)

More examples

Die gesetzliche Altersvorsorge reicht oft nicht aus.

Statutory retirement provision is often not enough.

Core concept

Money and other financial arrangements set aside during working life form a cushion for the years after employment.

Common phrases

  • betriebliche Altersvorsorge

    occupational retirement savings

  • gesetzliche Altersvorsorge

    statutory retirement provision

  • steuerliche Förderung der Altersvorsorge

    tax support for retirement savings

Similar words

Rente: Regular pension income received after leaving employment.
Rentenversicherung: A contributory insurance scheme that pays a pension in old age.
Vorsorge: Financial or insurance planning for future needs.
Sparplan: A plan for depositing a set amount at regular intervals.

Definition in German

Altersvorsorge sind geplante finanzielle Vorkehrungen wie Renten, Versicherungen oder Sparpläne zur Absicherung im Alter.

Word origin

The compound Altersvorsorge joins Alter with Vorsorge, which denotes advance provision or precaution and comes from vorsorgen.

Usage tips

  • German uses the singular feminine noun die Altersvorsorge in broad statements such as Die Altersvorsorge ist wichtig, even when several arrangements are included.

Other meanings

  • pension systemnoun

Opposites

  • Altersarmutold-age povertynoun
  • Vorsorgemangellack of provisionnoun

Related words

  • Altersvorsorgevertragretirement savings contractnoun
  • Vorsorgeversicherungpension insurancenoun

Word lists with this word