Over half of HK and Singaporeans fail retirement goals amid pandemic

clock • 4 min read

Over half (54%) of Hong Kongers and Singaporeans said they are not on track to have enough saved for the lifestyle they want to live in retirement, St James's Place Wealth Management Asia revealed in a new study today (29 April). While over half of them (53%) have had to draw down on or reduce contributions to their retirement savings since the start of COVID-19, with 17% having to do so in a significant way. Respondents from Hong Kong specifically also believe they will have to retire ...

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