What is the savings level of French people at age 40?
By 2025, the average French person's savings will be €24,000 at age 40. Whether or not you've reached this amount, retirement is still a long way off, and there are still ways to build up capital. In partnership with MeilleurTauxPlacement.
Retirement savings plans (PER), equity savings plans (PEA), life insurance… Options exist to prepare for the future. HENRIQUE CAMPOS / HANS LUCAS VIA AFP
At 40, people have generally achieved job security and sometimes started a family. It's therefore the ideal time to take stock of their savings and adjust their wealth management strategy. Experts estimate that at this age, it's desirable to have accumulated between 1.5 and 2.5 times one's gross annual salary, or €60,000 to €100,000 for an income of €40,000. In reality, the average savings of French people of this age remain much lower, around €24,000 in 2025, with the majority of their assets invested in real estate.
But there are still about twenty-five years until retirement! By increasing your savings effort by a few dozen euros each month, you can gradually build up significant capital. It's also wise to allocate a portion of your salary increases to savings and to take advantage of…
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