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[QUOTE="Munyaradzi Mafaro, post: 71325, member: 636"]
A new study reveals that while most Malaysians aspire to age with purpose and financial independence, a significant portion express concern over their preparedness. According to Manulife's 2025 Financial Resilience and Longevity Report, only 58 percent believe they possess sufficient savings for their later years. The top aspirations for older age include maintaining financial autonomy and staying physically and socially active.

The report indicated that a vast majority, 94 percent, anticipate working during their retirement, with half of those individuals hoping for a slower pace and improved work-life balance. Financially, cash holdings constitute half of all non-property assets for Malaysians. Many recognize a need to move cash into higher-yield investments but cite a fear of losses and limited knowledge as barriers. A growing preference for income-generating products is noted, with 62 percent open to diversifying their portfolios. The study also found that 72 percent of Malaysians currently work with a financial planner.
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