It’s the million dollar question: How much do I need to retire? See how a million in retirement savings isn’t what it used to be.
The timing and degree of this re-pricing will be shaped, as always, by additional future changes to monetary policy, the resulting impact to the broader economic environment, and the property sector/market specific vagaries of the various individual assets.
Economic momentum is slowing globally after a strong 2021 and Asia Pacific should not be immune to this. Still, as it stands, the region has had the strongest short-term growth outlook compared to the U.S. and Europe.
Key risk concerns for retirement security are coming to a head in today’s rapidly changing economic environment.