To enjoy your retirement with complete peace of mind, planning ahead is key! Thus, it is advisable to start investing from the age of 40 to have additional income to your retirement pension and maintain your purchasing power. Retirement Savings Plan (PER), life insurance, real estate… Three experts will detail the key investments to prepare for your retirement during an online event on Wednesday May 11, at 6 p.m.
All wealth management professionals will tell you that when it comes to retirement, you have to anticipate! Indeed, a retirement pension corresponds more or less to half of your last salary, if you have contributed a sufficient number of quarters. To benefit from additional income after your professional life, it is essential to start saving as soon as possible, from the age of 40 if possible.
The Retirement Savings Plan (PER) is now the only investment specifically dedicated to preparing for retirement. Since October 2020, Perp, Perco, Corem, Madelin contracts and articles 83 are no longer marketed. The Pacte Law has smoothed out the differences between the old retirement savings vehicles, to allow each French person to invest in a single investment throughout their career, regardless of any changes in status (entrepreneurship, salaried , civil servants, etc.).
The PER can contain 3 compartments: the first is supplemented by your individual payments, the second and third by collective payments (via your employer for example) optional on the one hand and compulsory on the other. Transfers between these three “pockets” are facilitated.
Life insurance and PER: complementary investments
A favorite investment of the French, life insurance is often used by savers to build up capital for their retirement. The PER also allows a capital outflow (or in the form of a life annuity like the old retirement savings contracts). These two investments are complementary and should be considered as part of a comprehensive and evolving asset strategy, depending on your personal situation and your age.
Real estate: a safe bet to benefit from additional income in retirement
The French also trust real estate investments to prepare for their retirement. Thus, 7 out of 10 seniors own their main residence, according to INSEE. This is a lot compared to the Anglo-Saxon countries of the European Union (Germany, Austria, United Kingdom, Norway, Denmark, Switzerland, etc.) where less than one senior in two owns their main residence. One of the objectives expressed by investors is to limit their expenses at the time of retirement. However, real estate can also generate additional income. There are many options: managed real estate, rental real estate, stone-paper investment, by buying shares in a Société Civile de Placement Immobilier (SCPI), for example…
To support investors in their wealth strategy, Sidonie Watrigant and her three guests will explore the solutions available to prepare for retirement. Life insurance, Retirement Savings Plan (PER), real estate… Our next “En Plateau Avec” event will shed light on these three families of investments.
An appointment to follow on our website on Wednesday, May 11 from 6:00 p.m. to 6:30 p.m. For more information and to add this event to your agenda: click here