UBS wealth management polled 5,000 high-net worth individuals (HNWIs), defined as having at least $1m in investable assets, across 10 countries including Germany, the UK, US and Taiwan, and found that 53% expect to live to the age of 100. The UBS report, entitled The Century Club, concluded: “The idea of living a century was once confined to science fiction. But no longer. For the world’s wealthy, living a 100-year life is not an outcome they consider a mere possibility. It’s one they expect.”
Numerous studies have provided evidence that wealth inequality is linked to health inequality. Last year, data compiled by the Department of Health showed that in the UK the gap between rich and poor in relation to “healthy life expectancy” – defined as a life free of disease or disability – had widened to almost 20 years.
A University of Washington study in the US in 2017 came to a similar conclusionon a “life expectancy gap” between affluent and poorer areas of at least 20 years.
Three-quarters of Germany’s wealthy elite anticipate reaching 100 while less than a third of HNWIs in the US believe they will live that long. In Switzerland, Mexico and Italy the figure is more than two-thirds. In the UK, nearly a third (32%) expect to reach the age of 100.
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