Many high-net-worth individuals fall short of savings goals despite high incomes, reveals survey
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Mukherjee said that Indians have too much real estate, too much small cap, very little global equity, and diversified portfolios are hard to find even in the HNI community. As per the
survery, 76% of ultra-HNIs are aware of the investment corpus they need to retire comfortably, but diversification remains low. 82% believe professional financial planning is key to
achieving long-term financial goals and 51% HNIs seek more guidance on diversification. Despite aspirations like early retirement, home ownership, entrepreneurship, and children’s education,
many lack the personalised planning and financial discipline to turn goals into reality, the survey said. These insights point to a growing appetite for expert advice. A striking 82%
believe professional financial planning improves their chances of achieving long-term goals, while 51% seek help with diversification, and 38% want customised asset allocation aligned to
their risk-return appetite. The survey spans over 465 households across 28 cities. All the respondents are aged above 30 years and have post tax income of Rs 20 lakh.