Prospect of Living to 100 is Creating Financial Anxiety

Prospect of Living to 100 is Creating Financial Anxiety

Despite their wealth, investors worry about affording a 100-year life, according to UBS's most recent Investor Watch survey. Healthcare costs top their list of concerns, with 52% of investors worrying about rising medical expenses. This concern varies significantly by country. Investors in the U.S. are the most anxious while those in Germany are the least concerned.

Following healthcare, wealthy investors worry about having less wealth to pass on to successors, and needing to work longer to afford the lifestyle they desire.

Top concerns due to longevity


     

Concerns about rising healthcare costs


Percentage who select healthcare as biggest financial concern

     

I don’t want to become financially drained and be a burden to my family.

- U.S., Male, 66

I believe my resources will vanish and I will face high health costs.

- Italy, Male, 35