Wealth in retirement varies dramatically across Europe, shaping living standards well beyond what pension income alone can provide.
In some countries, older households hold more than 30 times as much wealth as those in others, highlighting how housing, pensions and family support can shape financial security later in life.
So, which countries have the wealthiest over-65s?
The European Central Bank's Household Finance and Consumption Survey (HFCS), published in mid-2023, provides comparative data on the wealth of older people.
In the euro area, households aged 65-74 have a median net wealth of €185,300. Among 22 European countries, this ranges from €36,300 in Latvia to €1,219,500 in Luxembourg. (For comparison purposes, wealth figures are shown in euros, including in non-eurozone countries.)
