How to prepare for your retirement?


Advance planning is important to enjoy retirement with complete peace of mind! Therefore, it is advisable to start investing at the age of 40 to earn additional income from your retirement pension and maintain your purchasing power. Retirement Savings Plan (PER), Life Insurance, Real Estate … Three experts will elaborate on key investments to prepare for retirement at an online event at 6pm on Wednesday, May 11th.

All wealth management professionals will tell you that you have to anticipate retirement! Indeed, if you donate enough quarters, your retirement pension is almost half your last salary. To benefit from additional income after your professional life, it is essential to start saving as soon as possible, starting at the age of 40, if possible.

Currently, the Retirement Savings Plan (PER) is the only investment dedicated to preparing for retirement. After October 2020, Perp, Perco, Corem, Madelin contracts and Section 83 are no longer available for sale. The Agreement Law smoothes out the differences between old retirement savings methods and allows each Frenchman to invest in a single investment throughout his career, regardless of changes in status (entrepreneurship, salary, civil servants, etc.).

The PER can contain three compartments. The first is complemented by individual payments, the second and third are complemented by one-time payments (eg through the employer), one is optional and the other is compulsory. Transfers between these three “pockets” are easy.

Life Insurance and PER: Complementary Investment

Life insurance, a French favorite investment, is often used by savers to build up capital for retirement. PER also allows for capital outflows (or in the form of life annuities like old retirement savings contracts). These two investments are complementary and should be considered as part of a comprehensive and evolving asset strategy, depending on the individual’s circumstances and age.

Real Estate: A secure bet to profit from additional retirement income

French people also trust real estate investments to prepare for their retirement. Therefore, according to INSEE, 7 out of 10 elderly people own their main homes. This is a significant number compared to the Anglo-Saxon countries of the European Union (Germany, Austria, United Kingdom, Norway, Denmark, Switzerland, etc.), where less than one in two elderly people own their primary homes. One of the objectives stated by investors is to limit retirement costs. However, real estate can also generate additional income. There are many options: managed real estate, rental real estate, stone paper investment, for example by buying shares in the Société Civile de Placement Immobilier (SCPI) …

To support investors’ asset strategies, Sydney Watrigant and her three guests explore solutions available to prepare for retirement. Life insurance, retirement savings plan (PER), real estate … The next “En Plateau Avec” event will shed light on these three investment families.

Next show

Will follow on our website Wednesday, May 11th, 6 pm to 6:30 pm Click here for more information and to add this event to the agenda.