What is the ideal age to retire? Everyone may have a different answer!
Regardless of when you plan to retire, the most important thing is to prepare for retirement. This is particularly crucial for people in Hong Kong as we have one of the longest life expectancies in the world. Whether your retirement savings can last until the end of your life is an important issue to consider.
One way to address longevity risk is to utilise a life annuity, which provides a guaranteed monthly income for life. This ensures that even if you live to 120 years old, you would still receive a stable stream of regular income.
Want to know how to create your own lifelong income stream? The Investor and Financial Education Council has invited Mr. Daniel Leong, Executive Director and CEO of HKMC Annuity Limited, to introduce the features of the "HKMC Annuity Plan." He will also explain how to calculate the monthly annuity income corresponding to the premium amount through a simple process. Watch the video now to learn more and start planning ahead! (in Cantonese)
11 July 2025
