The French are living longer... and they have more cash to splash
Living standards are on the rise in France and life expectancy has increased slightly for men while it has remained stable for women. These are among the findings reported by France’s national statistics agency INSEE in its 2018 Social Portrait. It found that median disposable income – the amount of spare cash a family had – was €20,520 in 2016, an increase of 0.9% on the previous year. The 10% most modest households had about €11,040 in spare cash while the wealthiest 10% of households had a disposable income of about €37,570.
The INSEE study also revealed that life expectancy has risen by 0.2% for men and remained stable for women. Just over 13 million people (one in five members of the population) are aged 65 or older, a figure that has increased over the years in line with the rest of Europe.