HSBC Malaysia's Yip said HSBC’s Quality of Life study found that affluent Malaysians are diversifying their wealth to preserve their lifestyle and plan for future generations.
KUALA LUMPUR: Nearly half of affluent Malaysians are planning “mini retirements” – intentional career breaks lasting one to two years – with many even hoping to take several across their lifetimes, according to a survey.
HSBC’s “Quality of Life: Affluent Investor Snapshot” revealed that 50% of Malaysians with investable assets of US$100,000 (RM420,800) to US$2mil (RM8.42mil) intended to take a mini retirement, with 53% of them eyeing two to three such breaks, ideally starting at age 46 and repeating once every seven years.
