The average retirement age in Germany has reached 64.7 years

According to the annual report of the German Pension Insurance Fund, the average retirement age has continuously increased, and the legal age will gradually reach 67 by 2031, with discussions about a possible increase to up to 70 years. A commission of experts will start in 2026 to develop proposals for fundamental reforms in the pension system. As of July 1, 2025, Germany had 21.4 million retirees, an increase of nearly 200,000 compared to the previous year.