top of page
  • PWC

HNWs Redefining Retirement

Updated: Sep 9, 2022

High-net-worth (HNWs) investors are redefining retirement, says data from Northern Trust Wealth Management. Its ‘2022 Wealth Planning Outlook Survey’ found that millennial respondents aspire to retire earlier than other generations ??? between ages 35 and 44. However, 58 per cent will remain in the workforce instead of retiring when they stop their current work and plan to work in consulting in their current profession or in a similar one. Outside of consulting, 43 per cent of investors plan to invest in one or more businesses, 25 per cent plan to start their own, and 20 per cent plan to pivot to another professional area. Across age groups, HNW investors plan to stay active in retirement by working, attending school, and starting businesses.

Recent Posts

See All

Hedge Funds Investment In Crypto Accelerates

Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains accep

Record Year Seen For Wealth Creation

Wealth management firms and financial advisors need strong knowledge of growth areas such as sustainable investing and crypto-related assets going forward despite the biggest growth in wealth in more

Broad Inflation At 31-Year High

COVID-19 caused high levels of inflation in 2021 and into 2022 as the pandemic shifted demand away from services and towards goods while also disrupting global supply chains, says Aon. Its ‘Inflationa

Comments


bottom of page