Germany’s baby boomer generation, who largely invested in homeownership, are now facing a critical juncture as retirement approaches. The long-held belief that owning a home guarantees financial security in old age is being challenged by rising property-related costs – including taxes, maintenance, and energy bills. While many homes are mortgage-free, these ongoing expenses are significantly impacting disposable income for retirees. This situation transforms homeownership from a source of stability into a central concern for financial planning. Experts are urging boomers to proactively explore options for leveraging home equity or downsizing. Failing to address these financial realities could lead to hardship for a generation that relied on “Betongold” – concrete gold – for their future. Careful planning and consideration of available resources are essential for a comfortable retirement.