{"id":29505,"date":"2017-05-12T12:12:30","date_gmt":"2017-05-12T04:12:30","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=29505"},"modified":"2017-05-12T12:13:08","modified_gmt":"2017-05-12T04:13:08","slug":"millennials-expect-to-retire-early","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/millennials-expect-to-retire-early","title":{"rendered":"Millennials Expect To Retire At 57, Report Finds"},"content":{"rendered":"

Despite being laden with debts and struggling with rising living costs, Malaysian millennials expect to retire at 57, two years younger than the country\u2019s average retirement age of 59.<\/p>\n

HSBC, in its latest report The Future of Retirement<\/em>, discovered this as well as the fact that 55% of millennials think they would live much longer than their parents, and would need to support themselves for much longer compared to previous generations.<\/p>\n

On average, millennials expect to live to 77, said the report.<\/p>\n

But while they were optimistic about their retirement age, only 38% believe they would be financially comfortable in their retirement, while 65% believe they would continue working to some extent beyond their retirement age.<\/p>\n

[Source]<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Delusional?<\/p>\n","protected":false},"author":29,"featured_media":29509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[256,216,240],"tags":[],"class_list":["post-29505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","category-news-updates","category-retirement-planning"],"acf":[],"yoast_head":"\nReport: Millennials Expect To Retire At 57<\/title>\n<meta name=\"description\" content=\"Despite rising living costs, a new report found that millennials are confident to retire at 57 and live longer than their parents.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/millennials-expect-to-retire-early\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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