German Conversation · Level 172
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German word
IPA/ˈaltɐsfoːɐ̯ˌzɔɐ̯gə/
Die Altersvorsorge ist wichtig.
Retirement savings are important.
Die gesetzliche Altersvorsorge reicht oft nicht aus.
Statutory retirement provision is often not enough.
Money and other financial arrangements set aside during working life form a cushion for the years after employment.
betriebliche Altersvorsorge
occupational retirement savings
gesetzliche Altersvorsorge
statutory retirement provision
steuerliche Förderung der Altersvorsorge
tax support for retirement savings
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.
Altersvorsorge sind geplante finanzielle Vorkehrungen wie Renten, Versicherungen oder Sparpläne zur Absicherung im Alter.
The compound Altersvorsorge joins Alter with Vorsorge, which denotes advance provision or precaution and comes from vorsorgen.