FWD: Asia’s Middle Class Anxious About Financial Well-Being
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A survey by FWD Group reveals that 71% of Asia's middle class feels financially anxious and unprepared for retirement. Key concerns include rising daily living expenses (71%), high healthcare costs (43%), and potential job loss (37%). Their financial goals focus on building a safety net (44%) and achieving independence (37%) within a two to three-year timeframe. Lee Yen Ho from FWD Group emphasizes the need for financial resilience as family structures change and life expectancy increases. The survey included over 9,000 participants from 10 Asian markets.
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