MAPFRE experts emphasize that money left idle loses value. Inflation erodes buying power, and if inflation stays around 7%, the real worth of savings could shrink over time.
The drop in the value of trillions saved by families during the pandemic is becoming clearer as prices rise. If this inflation trend lasts, balances may stagnate and suffer meaningful losses—potentially around 20 percent in three years and about 50 percent in nine years. To protect finances, MAPFRE outlines practical steps and informed choices:
1. Seek guidance from a professional financial advisor who can identify products that fit individual needs. MAPFRE has long guided households on current and future assets, helping turning saving into a sustainable habit.
2. Save with consistency to build family savings habits, keep flexibility, and reduce exposure to sudden changes.
3. Start recording goals and plans now. Delaying saving makes up for lost time more difficult.
4. Diversify the savings and review which products perform best. A knowledgeable advisor can be valuable again.
Multiple savings solutions
There are many tools beyond ordinary bank accounts or deposits that make money work harder. MAPFRE offers a broad spectrum of savings and investment products designed to fit diverse needs. From the Horizon Investment Programme and free active management savings insurance to client-specific systematic savings plans that match different risk profiles, tax benefits, and ongoing savings, MAPFRE provides options. A recent addition is the SIALP Garantía 5.
What is SIALP? Understand the benefits
SIALP is a long-term individual savings insurance plan. It appeals to those who want to grow savings with low risk. MAPFRE recently introduced SIALP Garantía 5, a five-year savings policy with periodic annuity payments. A key advantage is tax exemption on all income earned at maturity. This product is designed for SIALP plans with at least 85 percent, 100 percent guaranteed, and a return exceeding 1 percent on contributions over five years.
With SIALP Garantía 5, investors receive a fixed income while enjoying tax-free growth at maturity, provided savings are kept for five years or up to a yearly contribution of 5,000 euros. There is an option to fully amortize after only one year, but early withdrawal would forfeit the tax exemption. This product sits among MAPFRE’s wide array of solutions tailored to individual goals and needs.
Savings simulator
MAPFRE has developed an online savings simulator that helps users craft a personalized plan aligned with goals and financial circumstances. The tool is accessible on MAPFRE’s website and at branches and demonstrates how to maximize money from as little as €1 per day. It presents different savings and investment options based on the user’s goals, economic status, age, and investment capacity.
The simulator is available on MAPFRE’s website and at their branches for convenient access.