Retiring in Hong Kong: mind the expectation gap
For most people in Hong Kong, a question that comes to mind about retirement is “do I have enough money to retire?”.
Findings from a recent J.P. Morgan Asset Management survey revealed that people of different generations have varying levels of expectations. A generation gap As of October 2019, Hong Kong people aged 30 to 40 estimated that they could retire by the age of 61, on average, and thought HK$3.6 million would be sufficient. In contrast, those aged 51 to 60 expecte