Get saving for retirement

It’s not looking good for Asia’s retirees, according to HSBC. They face eight years of hardship after their savings run out, according to the bank’s Future of Retirement Survey 2013. And many oldies expect to fund their twilight years with savings, the bank finds. Now banks really hate that. No chargeable fees there.

And property cost is the most important life event affecting saving ability, they discover. No surprises there. And then the amazing revelation that over 60% of respondents who took professional financial advice saved more. More than what?

via Business feed http://www.scmp.com/comment/blogs/article/1155389/get-saving-retirement