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Nearly half the world doesn’t save for retirement

People around the world share the same dream of retirement. But nearly half of all workers never saving money just for retirement, according to HSBCs global report.

By Paula Aven Gladych | Updated on July 26, 2013

People around the world share the same dream of retirement. They want to spend time with family and friends and enjoy frequent vacations. But the reality is much different, with nearly half of all workers never saving money just for retirement, according to HSBC’s global report, “The Future of Retirement: A new reality.”

For its research, HSBC surveyed more than 15,000 working individuals over the age of 25 in 15 countries: Australia, Brazil, Canada, China, Egypt, France, Hong Kong, India, Malaysia, Mexico, Singapore, Taiwan, United Arab Emirates, United Kingdom and the United States.

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