As life expectancies increase as outlined by the ONS in their Past and projected period and cohort life tables, high-earning individuals may be getting future-ready with a diverse range of financial and lifestyle goals.

That’s according to our survey, which sheds light on their aims and priorities for the years ahead.

From health and wellbeing to early retirement planning and financial independence, our research reveals how high earners are looking beyond the here and now. We also review their top sources of financial advice, plus saving and investment trends.

When setting long and short-term financial goals, higher earners are willing to seek advice from different sources.

Perhaps unsurprisingly, 82% are influenced by financial advisers. More than a third (37%) speak to them weekly, while 26% do so quarterly. However, partners (83%) are their main financial influence. Personal values and beliefs (80%), financial news/media (69%), and children (53%) also score strongly.

After deciding how to create a financial plan, most high earners review it at least once every six months (39%) or monthly (36%).

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With the economic outlook uncertain, high earners are concerned about a variety of financial headwinds. The main risks to their financial management and goals include:

• inflation (54%)
• an economic slowdown (48%)
• tax changes (43%)
• investment losses (42%)
• high interest rates (35%).

When it comes to financial planning and wellbeing, our statistics show balancing their lifestyle with long-term goals (18%) is the biggest challenge. It’s followed by adapting to economic changes (17%), staying disciplined with spending (14%), and keeping informed about investments (13%).