Retirement Provisioning: Austrians Put aside € 63 per Month

Politics ♦ Published: June 29, 2011; 14:00 ♦ (Vindobona)

Retirement provisioning study 2011: Austrians prefer low-risk investments. 58% rely on the financial knowledge of their bank account managers.

Retirement Provisioning: Austrians Put aside € 63 per Month / Picture: © Vindobona.org

The new study “Financial knowledge and retirement provisioning practices” conducted by GfK Austria on behalf of s Versicherung and Erste Bank & Sparkassen brought some amazing results to light: Of the 1,000 Austrians interviewed aged from 15 to 60 years, the majority felt they were only averagely informed on financial topics. With respect to the themes “savings and…