First Class Duck on Nostr: I tend to be somewhat concerned about pensions given that I'm a single adult with ...

I tend to be somewhat concerned about pensions given that I'm a single adult with zero chance of marriage and kids at this point, so a guaranteed payment upon retirement is attractive to me, but outside of government and a few unionized workforces and non-profits, you're left with far less secure defined contribution accounts and IRAs which guarantee nothing.

FWIW, this seems that this is basically a German substitute for our 401ks/IRAs.