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Barriers for those that have not started saving for retirement in China 2020

During a survey conducted in May 2020, around 51 percent of non-millennial respondents from Ant Fortune platform in China who had not started saving money for their retirement stated that they lacked capital for saving. The legal retirement age in China is currently 60 for male, 55 for female civil servants and 50 for female workers.

Key barriers for respondents who have not started saving for retirement in China as of 2020

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Release date

September 2020



Survey time period

May 2020

Number of respondents

61,189 respondents

Special properties

among members of the Ant Fortune platform

Method of interview

Online survey

Supplementary notes

The source does not provide a release date. The date given is the date of data access.

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Statistics on "Aging population in China"

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