Article published on May 31, 2023, in bulletindescommunes.net. By Laurence Laporte
By 2030, a boom in the over-75 population is expected. The number of these individuals is projected to grow by 40%. This forecast represents a major challenge for our society, which must adapt to these demographic changes.
The desire to age at home
More than 85% of French people wish to grow old in their own homes, according to a 2019 Ifop/Fesp/Sociovision study. In this context, it is becoming urgent to guarantee the maintenance of autonomy under good conditions. This is a significant challenge, especially with current inflation and the decline in retirees’ purchasing power.
A relevant economic choice
This may be the reason for the notable increase in life annuity sales (viager), a market that grew by 6% in 2021. It now represents approximately 5,500 transactions per year, corresponding to the injection of one billion euros of purchasing power into the French economy annually.
A need for trust and security
The challenge now is to secure this type of real estate transaction. Often misunderstood, the life annuity model must be further secured to reassure both buyers and sellers.
Viva Viager, an Innovative Player
Viva Viager is shaking up the sector’s codes by committing to the long term. Considering the life annuity as a “living” contract, this leader in tailor-made solutions for life annuities, bare ownership, and term sales is the only one to offer free “lifetime monitoring.” It thus guarantees the smooth execution of its contracts until their completion.
A more secure future for life annuities
Faced with an aging population and a growing desire to age at home, the life annuity appears to be a suitable solution. With players like Viva Viager committed to securing transactions, the future of the life annuity market looks promising.
It is essential to continue educating the public on the benefits of life annuities to secure retirees’ purchasing power and support the French economy.
The life annuity appears to be a relevant solution for maintaining the autonomy of seniors while preserving their purchasing power. The role of players like Viva Viager is crucial to ensure confidence in this system and encourage its adoption.
