47% of working Indians not saving for retirement, reports survey

July 18, 2016 5:46 pm
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Even as financial security after retirement is valued more, a report revealed that 47% of working people in India have not started saving for their future or have stopped or faced difficulties while saving. According to the HSBC report an alarming 44% of working people in India, who had started saving for their retirement have stopped or faced difficulties.
The survey, which was conducted online by Ipsos MORI in September and October 2015, is 13th in the series and represents the views of 18,207 people in 17 countries and territories worldwide, including Australia, Brazil, Canada, China, Egypt, France, Hong Kong, India, Indonesia, Malaysia, United Arab Emirates, United Kingdom and United States.
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