General Wealth Management

Start by building an emergency fund of 3 to 6 months of expenses in a Livret A or LDDS savings account. Next, open an online life insurance policy to establish a fiscal date, even with a minimal deposit of 100 to 500 euros. Define your objectives (property purchase, retirement, estate transfer) and your investment horizon. Set up monthly scheduled contributions, even modest ones, into a diversified allocation suited to your profile. The essential thing is to start early to benefit from compound interest and the fiscal maturation of your wrappers.

A good CGP must be registered with ORIAS (the registry of insurance and finance intermediaries) and ideally certified as a CIF (Conseiller en Investissements Financiers) with the AMF. Favor an independent CGP compensated by fees rather than commissions, as this ensures advice aligned with your interests. Check their experience, references, and specialization. A free initial meeting allows evaluating the quality of listening and the relevance of recommendations. Be wary of CGPs who systematically propose the same products to all their clients.

The commonly accepted rule is to save between 10% and 20% of your net monthly income. For a net salary of 2,500 euros, this represents 250 to 500 euros per month. With 300 euros saved and invested monthly at an average annual return of 6% (diversified equities/real estate allocation), you will accumulate approximately 100,000 euros in 15 years and 290,000 euros in 25 years thanks to compound interest. What matters is not the initial amount but consistency: a monthly scheduled contribution, even modest, produces considerable results over the long term.

Estate transfer should be prepared as early as possible to optimize inheritance taxation. Use the 100,000 euro allowance per parent per child, renewable every 15 years, to make progressive gifts. Life insurance allows transferring up to 152,500 euros per beneficiary outside the estate for contributions made before age 70. Property dismemberment (donating bare ownership while retaining usufruct) is a powerful lever for transferring real estate at a lower tax cost. Also consider drafting a will and optimizing the beneficiary clauses of your life insurance contracts.

As a couple, the matrimonial regime largely determines wealth management. Under the default community property regime (communaute reduite aux acquets), assets acquired during marriage are joint, while assets owned before marriage remain separate. It is advisable to combine joint accounts for shared expenses and individual accounts for personal savings. Each spouse should hold their own life insurance and PER contracts to maximize tax allowances. In the case of a civil partnership (PACS), remember to draft a will because the civil partner is not a legal heir. A consultation with a notary helps secure the protection of the surviving spouse.