Two risks to consider in retirement planning
With the improvement of medical conditions and living standards, life expectancy in China is increasing and catching up with developed countries. For modern Chinese, the length of retirement is almost equal to their working life. If you want to retire earlier, you should start planning earlier.
During retirement planning, you should have a forward-looking understanding of inflation risk. It is good practice to have extra funds in case of unexpected. Early planning can effectively alleviate the pressure of preparing your retirement funds.
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