The tool integrates our firm’s proprietary capital market assumptions and leading investment portfolio data into our state-of-the-art mathematical modeling and Monte Carlo simulations to calculate the expected monthly retirement income that you can achieve with good confidence. Simply click the appropriate selections in the drop-down menus to find out how much you can expect to get each month from your retirement savings.
Hongkongers will only have less than one-third of their current income in retirement
According to the Retirement Income Forecaster, people in Hong Kong on average can expect to have less than a quarter of their current income when they retire. This is certainly not enough. So why is this, and what can Hongkongers do about it?
We looked at the financial situations of four groups of people in the city, the challenges they face over the short and long run, and the solutions that are at their disposal to better prepare for retirement.