Half of Hong Kongers expect family to care for them in retirement

clock • 3 min read

A new survey by St. James's Place Wealth Management Asia (SJP Asia) has revealed that more than half (51%) of Hong Kongers expect their family to care for them in retirement. The survey also found that more than half (53%) of respondents forecast they will not have enough money saved to sustain the lifestyle they want in retirement. Almost one-in-eight (12%) believe they will need to work past retirement age owing to a lack of savings, with almost two-thirds (65%) concerned about being a financial burden to those closest to them, the firm revealed in a press release. These findings hi...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.