Over Half of Hong Kong Workers Surveyed Say AI Is Making Retirement More Unpredictable; Only 1 in 5 Feel Financially Prepared

Raymond Chan, Head of Greater China Intermediary Distribution at T. Rowe Price

“Retirement is becoming less of a single point in time and more of a journey. AI adds another layer of uncertainty because it could enable some people to work longer or more flexibly, while prompting others to reskill, reduce their hours or rethink when they retire.”

Raymond Chan, Head of Greater China Intermediary Distribution at T. Rowe Price

“Our survey suggests the question is no longer simply how much people need to retire, but whether their financial plans can adapt to different ways of getting there. As working lives become more varied, financial flexibility becomes increasingly important as career length, income and retirement paths change.”

Wenting Shen, Global Investment Solutions Strategist and Portfolio Manager at T. Rowe Price

“Building an emergency savings buffer is a sensible way to prepare for the short-term uncertainty workers may face in the age of AI, but an emergency fund and a long-term retirement investment strategy serve very different purposes. Retirement may last for decades, and holding too much of a long-term retirement portfolio in cash can leave purchasing power vulnerable to inflation. That matters when respondents themselves identify inflation protection and long-term growth as important retirement investment needs.”

Wenting Shen, Global Investment Solutions Strategist and Portfolio Manager at T. Rowe Price

“If people retire earlier, later or in stages, their investment horizon and risk needs may change too. That makes it important to have an investment framework that can adapt over time, while allowing investors to adjust their retirement approach if their circumstances change.”

Wenting Shen, Global Investment Solutions Strategist and Portfolio Manager at T. Rowe Price

“A retirement glide path is one such framework, gradually adjusting the balance between growth and more defensive assets as an investor moves toward and through retirement. This disciplined approach to asset allocation can help balance long-term growth, retirement income objectives and changing risk capacity, while providing flexibility as the retirement journey evolves.”