Public data on household wealth is limited and often dated. The most recent comprehensive asset inventory for seniors comes from INSEE's 2018 survey, with even more detailed figures from 2015. According to INSEE, the average net wealth of 60-year-olds in 2018 was eight times higher than for those under 30—a pattern rooted in lifelong accumulation that holds true today. Here's a closer look at seniors' assets.
INSEE's 2018 data shows the average net wealth (gross assets minus debts like loans) for those aged 60-69 at €315,200, versus €38,500 for under-30s and €240,000 for the overall population. For those 70+, it's €305,500.
The median net wealth provides another perspective: across all ages, half of households have under €117,000 in assets, half above. For 60-69 year-olds, the median is €194,300; for 70+, it's €182,100.
Savings dominate seniors' portfolios: 82% of 50-59 year-olds' wealth, 80% for 60-69, and 81% for 70+.
Real estate ranks second, especially as primary residences. Among 70+, 74% own property (72% their main home); for 50-69, it's two-thirds. Average real estate values: €202,300 for 60-69 year-olds, €188,700 for 70+ (2018 figures).
Life insurance and retirement savings are common, held by 48% of those 50-70+.
Employee savings peak at 19% for 50-59 year-olds but decline post-retirement.
About 17% of 50-70+ hold securities (stocks, bonds, funds). Excluding real estate, average financial assets: €73,400 for 60-69, €82,600 for 70+ (INSEE 2018).
