Reasons to assume being worse off in retirement than the parents in China 2011

Why will you be worse off in retirement than your parents' generation?

by Statista Research Department, last edited May 26, 2011
Reasons to assume being worse off in retirement than the parents in China 2011 This statistic shows the reasons given by Chinese respondents who assume they will be worse off in retirement than their parents in 2011. In 2011, 28 percent of the respondents in China assume that they will be worse off than their parents because the company pensions are no longer as generous as they used to be.
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Why will you be worse off in retirement than your parents' generation?

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Share of respondents
Jobs and careers are less secure60%
State pensions (e.g. social security) are not as generous as they used to be56%
Low interest rates will mean lower returns on retirement savings50%
The global financial crisis has reduced the value of my investments and savings47%
People are living longer and need more savings46%
My generation has borrowed too much44%
My generation is not saving enough42%
Higher taxes will reduce the value of my retirement plans40%
Company pensions are no longer as generous as they used to be28%
Share of respondents
Jobs and careers are less secure60%
State pensions (e.g. social security) are not as generous as they used to be56%
Low interest rates will mean lower returns on retirement savings50%
The global financial crisis has reduced the value of my investments and savings47%
People are living longer and need more savings46%
My generation has borrowed too much44%
My generation is not saving enough42%
Higher taxes will reduce the value of my retirement plans40%
Company pensions are no longer as generous as they used to be28%
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by Statista Research Department, last edited May 26, 2011
This statistic shows the reasons given by Chinese respondents who assume they will be worse off in retirement than their parents in 2011. In 2011, 28 percent of the respondents in China assume that they will be worse off than their parents because the company pensions are no longer as generous as they used to be.
Show more
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