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People in Hong Kong can expect over 20 years of Ill health in retirement - Survey

People in Hong Kong can expect over 20 years of Ill health in retirement - Survey

23 Sept 04:15 Key points summarised by AI
  • Hong Kong residents anticipate over 20 years of poor health in retirement, starting around age 64, despite having a long average life expectancy of 85.
  • Only a small percentage (10-11%) rate their physical or mental health as excellent, significantly below the regional average, with younger adults (25-34) notably impacting these figures.
  • Concerns are high regarding the rising cost of medical treatment (47% worried) and uncertainty about who will provide care during illness (29% unsure).
  • While 37% prioritize saving for healthcare, their seven-year timeline for achieving this goal is deemed unrealistic given the extended retirement period and over-reliance on cash savings.
  • Despite these challenges, over 90% of respondents are actively taking steps to address health issues by increasing exercise, improving diet, and undergoing regular health checks.
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