Forty-four per cent of residents said they are less satisfied with their savings (compared with 33% in Europe). Twenty-two per cent expressed concern about their pension (compared with 23% in Europe) and 15% said they had spent more (compared with 18% in Europe).

Some people are taking advantage of low interest rates to repay their loans over a longer period (7% in Luxembourg compared with 10% in Europe), some have repaid their loans in full (12% in Luxembourg compared with 10% in Europe) and others have taken on more debt (14% in Luxembourg compared with 10% in Europe).

When asked what they would do with 10% of their savings should they ever find themselves with a lot of money, 45% of respondents said they would keep it in a savings account (compared with 35% in Europe), 39% would invest it in real estate (compared with 25% in Europe) and 16% would invest it in financial products (compared with 19% in Europe).

For more information, go to eZonomics.com: http://www.ezonomics.com/ing_international_survey/savings-2017.