Across Europe, and the world, retirement is beginning to look like a distant dream. Denmark recently confirmed that anyone born after 31 December 1970 will have to wait until age 70 to claim a state pension. This was passed into law and comes into effect in 2040.
In Germany, economic advisers are already suggesting a gradual increase to 73 by 2060. Their argument makes sense on paper: people are living longer, and the money simply isn’t stretching far enough to support everyone. German chancellor Friedrich Merz also called the German welfare state unsustainable.
It isn’t just a Danish or German problem however. The UK’s pension system is also showing cracks, with constant debates about how to keep it sustainable. It’s inevitable therefore that other countries will adopt the same approach as Denmark.
With more people reaching retirement age and fewer workers paying into pensions, surely this is the definition of a ponzi scheme. They may move the goalposts and make it harder and harder to see your own money, eventually something has to give, or collapse.
Even when you finally reach retirement age, you still have to contact a pension company or government office, fill out the paperwork, and wait for approval before you see a penny. It’s strange, spending your whole life earning money, only to ask permission to access what’s supposed to be yours.
Bitcoin works differently. There’s no company to call and no waiting for confirmation. If you hold your own keys, your Bitcoin belongs to you completely. You can move it, store it, or access it at any time, anywhere in the world.
Bitcoin and the Future of Retirement Savings
Bitcoin isn’t a pension, and it’s not a get-rich-quick scheme. It’s a tool for financial independence.
With a fixed supply of 21 million coins, it doesn’t inflate, and it isn’t controlled by any government or central bank. While policymakers debate how long you’ll need to work, Bitcoin operates on transparent, predictable rules that don’t change because of politics.
That doesn’t mean you should put everything into it. No investment is perfect. The smarter move is diversification, a mix of assets like stocks, savings, and a carefully sized Bitcoin position. The point isn’t to bet it all on one thing, but to build a diversified backup plan in an uncertain world.
Best Time to Buy Bitcoin is Now
If you do decide to buy Bitcoin, make sure you truly own it. Leaving coins on an exchange is like leaving your paycheck in someone else’s drawer. They hold the keys, and as we’ve seen recently they can freeze accounts or even suspend trading. A self-custody wallet puts you in control, with no middlemen and no approval process to access your money.
As retirement ages climb and pension systems strain, more people are starting to rethink what financial freedom actually means. With Bitcoin in self-custody, you don’t have to wait for permission, it’s yours from the moment you own it.
Best Wallet, for instance, has always been the preferred choice of many who want to maintain full ownership of their Bitcoin while keeping their transactions private. Through the app, users can securely store, buy, swap, and stake cryptocurrencies without incurring high fees or sacrificing their privacy, which is one reason it is ranked among the best places to purchase Bitcoin by the New York Post.
It already caters to hundreds of thousands of users through its support for multiple chains, such as Bitcoin, Ethereum, Polygon, Binance Smart Chain, Base, and Solana, allowing users to manage thousands of other assets alongside Bitcoin and explore numerous staking opportunities without leaving the app.
Aside from having top features, security is another reason to pick Best Wallet. Unlike most competitors, it has integrated advanced tools like Fireblocks to strengthen the security provided by its self-custodial architecture, which is one major reason it has earned the WalletConnect Certified badge.
An additional highlight is the platform’s “Upcoming Tokens” tool, specifically designed for those looking to rotate their Bitcoin profits to new yet promising projects that have yet to list on exchanges.
The combination of these features has helped Best Wallet gain attention from major crypto communities, with influencers like ClayBro calling it the best option for all users in 2025.
Download Best Wallet
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