retirement planning

The plan also includes a life insurance component.

Half of those assisting elderly family members view it as a financial burden.

Short-term market events should not distract one’s investment goals in the long run.

A score below 35 would indicate serious deficiencies.

Over a fifth of respondents had not anticipated their retirement expenses.

It is expected to continue as larger pension plans diversify their equity strategies.

Couples around the age of 65 require $49,290 annually for retirement.

VSS also achieved non-cash payments for 3.4m beneficiaries.

Topics included enhancing pension policies amidst changes to the Law on Social Insurance.

WTW said systemic risks persist despite a rebound.

70% of people in Asia express confidence in achieving their personal finance goals, with saving for retirement as the top priority.

Parents spend almost 20% of their income on their children but less than 7% on their own retirement planning.