When do you need to start preparing for your retirement?
To approach this new stage of your life with peace of mind, you are well advised to start preparing financially as soon as possible. This will allow you to benefit from the multiplier effect without having to tighten your belt later on to put money aside.
Let's imagine the following scenario:
- You decide to take out an AXA Save for Life Pension,
- You pay in €3,200 per year (i.e. €266 per month),
- You think that you will leave the savings plan at age 65.
If you start at the age of 30, your available capital will be about €150,000 (potential interest rate: 3.52%), compared to €74,000 if you start at the age of 45 (potential interest rate: 3.16%)*.

As you can see, the interest rate you can hope to get drops slightly if you start saving later. But why? The closer you get to retirement age, the more secure the investments are so that you do not risk losing money when you leave the savings plan. Less risk also means less potential return. Learn more about how the Save for Life Pension works.
This is why it is important to save, even small amounts as early as possible. As your career takes off and your purchasing power increases, you can save much larger amounts.