According to HSBC’s 2007 global retirement study, most retirees in their 60s and 70s are living healthy, happy and productive lives. However, as the world rapidly ages, most pre-retirees are surprisingly unconcerned about how they will cope in their retirement. In Part 1 of a 2-part article, Olivia Mitchell, Wharton professor of insurance and risk management, who is also a chaired professor at Singapore Management University, cautions that these people might be living with a false sense of security, and could face a rude awakening when it is too late to do anything about it.
Retirement, Aging population, income, retirement planning
Finance and Financial Management
Copyright Owner and Holder
Copyright © Singapore Management University 2012
Managing Retirement Risk in an Ageing World: The Global Picture. (2007). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/191