Who are the HENRYs?

Who-are-the-HENRY’s

They’re expected to be one of the largest – and wealthiest – economic groups by the end of the decade. Experts say paying attention to one group in particular, the HENRYs – High Earners Not Yet Rich – is an easy way to do this; creating a strong expansion strategy for the future.So who exactly are the HENRYs? And why are insurance companies so interested in them?

Put simply, they are the High Net Worth individuals of the future; well-paid professionals whose incomes are healthy now but as they accrue experience, will be even healthier in the future. They have been a significant demographic in the US for some time but now British financial services teams are looking to them as part of their future planning too.

To read the full article from RSA, click the link below...

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