Are you retirement ready?

  • Business
  • Saturday, 12 Oct 2019

THE question most people ask is what would you do after retirement. different people have different aspirations. Some want to travel and others want to do charity work while there are many others who want to spend time with family and indulge in hobbies.

Standard chartered recently commissioned an independent study to find out how ready Asians were for retirement and what they would like to do. the sample size was 1,000 affluent consumers aged 35 to 59 across five countries - Malaysia, china, Hong Kong, Singapore and Taiwan.

In most markets, the study revealed that the affluent associated retirement with freedom but the question was, whether they could afford it. about 67% of them started retirement planning well before retirement.

The study also revealed that 78% of affluent Malaysians viewed travel as an ideal retirement lifestyle.

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