AllianzGI Retirement Confidence Survey 2020

According to AllianzGI’s Retirement Confidence Survey conducted in July 2020, Hong Kong’s middle-aged pre-retirees – the Sandwich Generation – don’t fancy their odds of retiring comfortably due to the likely shortfall in their retirement savings. Indeed, retirement planning doesn’t stop at retirement. To achieve a comfortable retirement, it is crucial for individuals to invest prudently during not only the accumulation phase to protect investment assets, but also the decumulation phase during retirement to sustain a stable income flow.

Let’s take a look at the following findings.

The average ideal
retirement reserve is

HKD4.39mil

The gap between ideal and
actual retirement reserves is

HKD0.90mil

Estimated achieved
amount can sustain living
after retirement for

20years
26%

are confident in generating
stable income to sustain living
standard after retirement

Plan early and enhance protection to sustain joyful life in retirement:
0%
agree that early retirement planning can help to improve retired life

Early planning
0%
consider regular dividend payment as an important element in investment

Regular dividend payment
0%
prefer to engage in a diversified investment approach to mitigate the risks
Diversified approach
0%
limit the withdrawal to income only and maintain capital investment

Staying invested

How would Hongkongers take care of their retirement
investments in the post-COVID19 environment?

AllianzGI Retirement Confidence Survey 2020
Press Conference highlights

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