Germans are turning to mutual funds for retirement savings as state pensions may not be enough. The market is growing rapidly, with estimates predicting a 14% annual growth rate. By 2005, the market could reach DM1.5 trillion, generating revenue of DM26 billion. This shift is driven by higher returns from mutual funds compared to traditional deposit accounts and concerns about the future of the state pension system. With an aging population, more people are realizing the need for private savings for retirement. Deposit account holdings are expected to decrease as individuals seek better long-term investment options.