AS Asia Pacific ages rapidly, with nearly a quarter of the population over 60 by 2050, Sun Life Asia's study, Retirement Reimagined: Facing the Future with Confidence, highlights both challenges and opportunities for retirement planning.
AS Asia Pacific ages rapidly, with nearly a quarter of the population over 60 by 2050, Sun Life Asia's study, Retirement Reimagined: Facing the Future with Confidence, highlights both challenges and opportunities for retirement planning.
Consequently, 25 percent of Filipino retirees were surprised by higher-than-expected living and health care expenses. Regrets include insufficient saving and not investing wisely .Interestingly, younger generations anticipate retiring later, at around 65, to save more and address increased living expenses. The survey also identifies two groups: 'Gold Star Planners,' who prepare well, and 'Retirement Rebels,' who lack planning and insurance.
Life Survey Highlights Inflation Challenges For Retirees In
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