Monthly Spending Dominated by 'Asset Management', Shifting Towards 'Health Investment' in the Future

MetLife Insurance K.K. (Representative Executive Officer, Chairman, President and CEO Dirk Osteen) conducted a survey on the actual spending and future intentions of people aged 50 to 79 with household financial assets of 100 million yen or more (excluding real estate). As a result, in terms of monthly spending amounts, "asset management/administration" (221,000 yen) stands out. Moving forward, interest is growing in "health investments" and "quality experiences" such as health checks and overseas travel. - Frequent non-living expense destinations: "Dining out/socializing", followed by "Hobbies/entertainment" - Spending amount (monthly): "Asset management/administration" stands out at 221,000 yen, followed by "Travel" at 85,000 yen - Future spending intentions: The area where desire significantly exceeded current usage was "Regular health checks" - Over 70% are unsatisfied with the current situation and desire an additional 206,000 yen per month as disposable income outside of living expenses ■ Spending Destinations/Amounts: Top non-living expense destination is "Dining out/socializing", top monthly spending amount is "Asset management/administration" Living expenses account for about 30% of total spending. The top three items frequently cited as non-living expenses were "Dining out/socializing", "Hobbies/entertainment", and "Health management/healthcare". In terms of monthly spending amounts, "Asset management/administration" was the largest at 221,000 yen, surpassing travel (85,000 yen). On the other hand, health management/healthcare was relatively small at 24,000 yen, indicating that it is currently kept modest. ■ Future Spending Intentions: Growth expected in "Health Investments" and "Quality Experiences" When asked about 33 more detailed usage categories, the top three items with the largest growth in future spending intentions outside the "Asset management/administration" category were "Regular health checks" (+14.4pt), "Overseas travel" (+14.2pt), and "Dining out/gatherings at luxury restaurants and prestigious traditional restaurants" (+13.2pt). It was confirmed that interest in "health investments" and "quality experiences" is increasing.