Astonishing calculation

Why we are half millionaires when we retire

According to the calculation, women are almost as "rich" as men when they retire.(Bild: Adobe Stock / pixel-shot.com (Leonid Yastremskiy))

Fascinating analysis by renowned financial journalist Martin Kwauka: according to his calculations, white-collar and blue-collar workers in Austria are, on average, "half millionaires" when they retire - both men and women. How he comes up with these astonishing figures.

It is interesting to note that, according to this expert calculation, women are almost as "rich" as men when they retire. We are talking about sums of up to 700,000 euros. Kwauka, initiator of the Financial Journalists' Forum, explains the background and explains which account is by far the most important account for Austrians in terms of their future wealth.