Geopolitical tensions, political instability in France, and falling interest rates are prompting savers to rethink their plans and take on more risk to chase better returns. French people are still saving heavily, with a record savings rate of 8.4% of disposable income in Q3 2025. Demand for savings products like life insurance and stocks is surging.
French savers are sticking to cautious habits, driven by retirement concerns, ongoing political instability for nearly two years, and wars at Europe's borders. This is evident in the high savings rate of 8.4% of disposable income in Q3 2025, a record level highlighting these worries.
Interest in both secure and riskier investments is growing. Life insurance saw an unprecedented net inflow of +44 billion euros from January to October 2025. Retirement savings plans recorded a +11% increase in net collections over the same period. Meanwhile, the number of stock investors rose by +18% year-over-year in Q3 2025, per the Autorité des Marchés Financiers (AMF). ETFs, which track indices like the S&P 500 or CAC 40, drew +45% more investors in that timeframe.
In response, savers are considering diverse options such as SCPI, stocks, gold, and bitcoin to diversify portfolios in 2026. This shift balances security with yield potential amid uncertainty.
