An AllianzGI survey has found that respondents have postponed their planned retirement to 62.4 because of the high cost of living and inflation, reflecting low confidence in their twilight years. Photo: Sam Tsang

Annuity plan not enough to sustain Hongkongers after retirement: Allianz survey

AllianzGI survey finds Hongkongers will need HK$5 million as the ideal amount of savings to sustain 14 years of retired life, but expects it to fall short by HK$1.83 million

Topic |   Investing

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An AllianzGI survey has found that respondents have postponed their planned retirement to 62.4 because of the high cost of living and inflation, reflecting low confidence in their twilight years. Photo: Sam Tsang
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