Interview with Professor Axel Börsch-Supan https://www.mpg.de/17427712/interview-axel-boersch-supan-retirement
Hardly any other political topic is treated so gingerly as pensions. And it is no wonder: making any changes to current public pension arrangements, which represents the largest cost item in the federal budget, could lose votes. Professor Axel Börsch Supan, Director at the Max Planck Institute for Social Law and Social Policy in Munich, is calling for a rethink. He suggests linking the retirement age to life expectancy to keep the financial burden on the younger generation manageable.
Our data show that depression and divorce rates increase following retirement.