If France has long boasted of its pay-as-you-go system, in which workers contribute to the pensions of current retirees, the model falters under the weight of the aging of the population.
Now is the time for individual financing… And the sooner the better.
By starting to save from the age of 20 or 30, even with small amounts, it is possible to make your nest egg grow over time.
Conversely, the later you do it, the more difficult it will be to obtain a strong valuation ... Overview of the solutions available to you.
Life insurance, the flagship investment
In the hit parade of products acclaimed by the French, we obviously find life insurance.
Customizable, very flexible and benefiting from favorable taxation, this type of contract is appreciated for its inheritance advantages but also as a retirement savings solution.
However, do not plan to finance your old days with a basic contract in euro funds, the return of which is often reduced today like a skin of grief.
You will have to determine the most profitable options in relation to your objectives and your risk profile.
In addition, “we sometimes forget that life insurance has a whole bunch of payment mechanisms in the form of a programmed annuity rather than a capital withdrawal.
It can therefore be an excellent additional funding once you retire, ”says Karl Toussaint du Wast, co-founder of Net-investment.fr, a wealth management consulting site.
Depending on the total cumulative amount, it is then a question of "calculating with your advisor a certain determined sum to be paid every month, quarter or year, knowing that you can adjust it according to your needs".
And during that time, the rest of your life insurance continues to work.
Real estate, the Holy Grail
The French also have a strong appetite for real estate. After all, as Thomas Abinal, co-founder of Monetivia.com and expert in wealth management, points out, “it is a tangible asset whose profitability is relatively easy to understand. And thanks to credit, it is possible to invest today your retirement savings for the years to come. "
Beyond the acquisition of a home, it is above all the rental investment that is targeted. Thanks to the rents collected, you can repay your loan. And provided you calibrate the duration of the credit in relation to the estimated date of the end of your career, this income will then be transformed into an annuity for your retirement. In addition, the status of non-professional furnished landlord (LMNP) will allow you to permanently and almost fully tax these rents thanks to the depreciation mechanism.
You do not feel the soul of a lessor?
You can buy shares in a performance SCPI (a real estate investment company).
“Everything is managed for you and as a shareholder you receive an annuity of around 4 to 5% net of costs per year.
It's very good for retirees, ”according to Karl Toussaint du Wast.
Another option: investment in bare ownership.
“There is no recurring income, therefore no property tax which“ eats ”profitability, presents Thomas Abinal.
There is also no tenant, so no rental risk.
Everything is capitalized.
It's a great solution for retirement savings.
"
PER, the newcomer
The State has also created specific products.
Since the end of 2019, it is the retirement savings plan, known as PER, available in collective and individual versions, which has replaced the former Madelin, Perco, Perp and other Préfon.
As for the individual plans, you then have the choice between a securities account PER (CT PER) and a life insurance PER, both having the advantages of the products to which they refer.
Once you retire, you can in any case receive your funds in the form of an annuity or lump sum.
But the co-founder of Net-investment.fr warns: “The terms and costs of PER management vary according to the formulas and the financial institutions, not to mention that multiple annuity options are possible.
You must therefore consult a specialist to determine the most advantageous contract for you.
"
Economy
Discount, premium, what impact on your retirement?
Economy
Employment: How to reduce your activity at the end of your career?
Call a pro
The golden rule is to always combine several investment solutions. According to experts, a balanced wealth should ideally consist of 50% real estate and 50% securities (financial instruments). To set up a suitable financial strategy, ask two or three different professionals to compare their proposals. In addition to your banker or insurer, who will necessarily defend their products, consult an independent financial investment advisor who works in "open architecture", in other words having access to all the offers on the market. Forget about direct sellers and contact a company with a certain seniority, good customer reviews and managing an already substantial portfolio.Finally, remember to check its authorizations by consulting the official register kept by Orias (www.orias.fr).
Retirement
Investment
Economy
Saving
Bank
0 comment
0 share
Share on Messenger
Share on Facebook
Share on twitter
Share on Flipboard
Share on Pinterest
Share on Linkedin
Send by Mail
To safeguard
A fault ?
To print