Vast majority of HNWIs underestimate the money they need for comfortable retirement

Mark Battersby
clock • 2 min read

High-net-worth-individuals (HNWIs) in the UK are significantly underestimating how much money they need for the retirement they want, with the average respondent misjudging by almost half, according to the inaugural Saltus Wealth Index. The Saltus Wealth Index surveyed more than 1,000 people in the UK with investable assets over £250,000 to gain their thoughts and feelings about the UK economy, their own wealth and what matters most to them personally. When asked about pension savings, and how much they think they need for a comfortable retirement, almost two-thirds (64%) of responden...

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