2024 Global Retail Investor Outlook 2025

Credit card debt8% 5% Personal loansMortgages Auto loans Consumer creditStudent loansMedical debtPayday loansWhat form of outstanding debts do you currently have? All respondents 24% 18% 17% 14% 10% 6%5% 4%of survey respondents have a form of outstanding debt54% Mass Market Affluent High net worth+To what extent do you agree with the statement, “I struggle to meet my debts or liabilities”? All respondents, by wealth band* 37% 19%21%High household debt levels put pressure on short-term financial objectives and create a need for holistic wealth planning mindsets With over half of respondents managing household liabilities, holistic financial strategies that integrate debt repayment with investing and saving are critical, especially given the prevalence of long-term loans and mortgages.Even wealthy individuals struggle with debt. About one in five affluent or high-net-worth investors worry about meeting liabilities, highlighting the need for wealth managers to balance liquidity, capital preservation and growth.*Wealth bands split: mass market = $0-100,000, affluent = $100,000-1 million, high net worth+ = over $1 million. 2024 Global Retail Investor Outlook 37