2025高净值人群的投资方式和养老方式有了什么变化？

Core Insights - The report highlights a significant demographic shift in China, with over 300 million people aged 60 and above, leading to a reconfiguration of asset allocation and lifestyle among high-net-worth individuals (HNWIs) [3][4] - The average family net worth of the surveyed HNWIs is 37 million RMB, and their investment strategies are shifting towards more defensive assets like insurance and gold, moving away from real estate and bank wealth management products [3][10] Investment Trends - HNWIs are planning to reduce their investments in real estate (19% intend to decrease) and bank savings/wealth management products (25% intend to decrease) [8] - The top asset classes for increased investment include insurance (47%), gold (42%), and stocks (34%), indicating a preference for safety and stability over high-risk asset appreciation [10][12] Wealth Sources - The primary sources of wealth for HNWIs are operational income (37%) and salary income (28%), with investment income contributing 22% [5][6] - This income structure ties their cash flow to macroeconomic conditions and business performance, making them vulnerable to external economic fluctuations [6][7] International Investment - 45% of HNWIs have allocated funds to overseas financial products, with an average of 20% of their total assets in foreign investments [14] - 56% plan to increase their overseas investment in the coming year, with younger individuals (30-44 years) showing a stronger inclination (61%) compared to older individuals (51%) [15][16] Retirement Planning - HNWIs have a retirement income replacement rate of 75%, significantly higher than the national average of 42.6%, largely due to their investment in commercial annuities [24] - 67% of HNWIs prefer to retire in cities where their children live, with a growing interest in community-based retirement models [24][25] Healthcare and Service Preferences - HNWIs are willing to pay an average of 275,000 RMB annually for retirement home services, with 37% spending over 300,000 RMB [27] - Key factors influencing their choice of retirement facilities include comfort, quality of care, and emergency response speed [30]