Key findings from China
- 46% need to support another person financially
- 38% are paying for their life after retirement with savings
- 64% depend on their national pension
- 23% still have other debts to pay off
- 21% regret not starting to saving at an earlier age
- 66% of working people fit in one or more of these categories: not yet started saving for retirement, have stopped doing so, find it difficult to manage their retirement fund
- 18% of people over 60 see themselves living in a retirement home
- 26% have never received any advice on retirement preparation
- 60% of working people have received some advice on retirement, but for 29% of those the advice was only from friends and family
* Source: HSBC Future of Retirement report 2016.
The global bank HSBC has released the 9th edition of its Future of Retirement report. HSBC independently surveyed 18,207 people in 17 countries and regions, including the mainland China
, UK, US, Argentina, Australia and Hong Kong SAR, to assess retirement trends in the face of an increasingly elderly world population and increasing life expectancy.
More products and information
Global experts' advice to help you capture global investment opportunities and mitigate investment risks to meet your diversified investment and wealth management needs. Our investment products include:
Structured products, Dual Currency Investment and Enhanced Yield Investment, Overseas Investment Plan, and Local Unit Trust and Hong Kong Mutual Recognition of Funds.
We take into account your protection needs at various life stages to help you find out suitable insurance plans, leveraging on our ability to offer a one-stop platform for your insurance needs.
In today’s fast-paced financial world, the only way to stay ahead is to be on top of current market events. Tap into our unique market insights and investment analysis to stay informed about the latest trends and regional news with just a few clicks.
Create your financial plan
Start aiming for your goals today by putting together a plan in a few simple steps.
Get personalised advice
Frequently asked questions
What are the basic rules to making investments?
When should I start financial planning for my future? How should I approach financial planning?
Where can I get more information about investment products?
Although the above information is carefully written, the Bank does not warrant, state or guarantee the accuracy or completeness of the above information. The above information is not and should not be regarded as an offer or purchase invitation for any financial product, nor should it be viewed as an investment proposal.