Ability To Retire Concerns HNWIs
High-net-worth individuals (HNWIs) were concerned about their ability to retire comfortably even before 2022, but those worries are only deepening as investors this year face steep losses in retirement accounts and challenges to their core beliefs about saving, spending, and investing. A poll of U.S. investors with US$1 million or more in investable assets by Natixis Investment Managers found that even millionaires are worried about their capacity to retire comfortably in the future. Although they anticipate retiring at the relatively young age of 63, 58 per cent of HNWIs indicate they are prepared to work longer than they anticipate. However, it might not be so simple. While 58 per cent acknowledge they will probably have to work more hours than they'd want, 44 per cent worry they won't be able to.