French household savings: Concentrated on high-income earners, the self-employed and liberal professions, which is normal, and the elderly, which is surprising, especially as the elderly hold riskier savings than younger people
French savings rate figures show : That the higher the income, the higher the savings rate, which is normal; That it is higher for the self-employed and liberal professions than for other socio-professional categories, which is also normal; But that it is higher for older people and pensioners than for younger people, which is surprising given the assumption often made that pensioners dissave; And also that older people have riskier savings than younger people, which is also surprising.