Bonnie W.’s Post

💼 Maximize Your MPF for a Strong Retirement! 💰 Your MPF may feel out of reach until retirement, but it’s still a valuable part of your income. Instead of leaving it unattended, managing your MPF well can transform it into a high-return investment. 📈 By regularly reviewing your fund options and making smart adjustments, you can grow your retirement savings and secure a comfortable future. Additionally, consolidating your MPF accounts makes management simpler and more efficient. Let’s talk about how you can make your MPF work harder for you! 💬 💼 善用強積金，助你退休安穩！ 💰 強積金雖然無法在退休前提取，但它依然是你收入的一部分。與其不加理會，合理管理可以讓它成為高回報的投資。📈 透過定期檢視及調整基金，你可以增加退休儲蓄，確保未來生活無憂。整合強積金更有助於更簡單方便地管理。 📞 聯絡我了解如何讓你的強積金發揮更大效益 💬 https://lnkd.in/dTFbbi9T #MPFManagement #強積金管理 #WealthPlanning #財富規劃 #MPFConsolidation

The most frequently asked question is how to live the life with no job after 45 yet keeping the current living standard. Creating #passiveincome is always the key to #financialfreedom. #ohioproperty is definitely considered as one of the ways in respect to the stability of USD and the appreciation in asset value. #Capstone72 is pleased to discuss with you more! #wealthmanagement #resilience #retirement https://lnkd.in/g6X8uCF4

Lu Shaowei's Column: The trend has changed after the election, will the reform of labor insurance and pension be restarted? The trend has changed after the election, and the reform of labor insurance and pensions may be restarted. Officials have declared that government subsidies are a form of reform, but there are financial problems with the labor insurance fund. The reform has been delayed due to political and voting considerations, but the government may restart the reform after the election. However, it will face unavoidable structural factors such as low benefits that make the reform difficult. #AsiaOperations #PoliticsandElections #Taiwan Follow us for daily updates on risk and operations in Asia! https://lnkd.in/dsVmfvGe

Retire in Japan: The Complete Guide

Retirement in #Japan is not easy, but it's entirely possible, especially if you have family or enough money. Here's our complete guide. #retirement #visa #property https://lnkd.in/gTcJVSSZ

BREAKING NEWS - China raises retirement age: Today, the National People's Congress, the implementation of a gradual delay in the statutory retirement age was decided. This change had been contemplated for over a decade and the publication of this decision was expected by many to occur before the weeklong Chinese National Day Holidays. Here a summary of some of the key changes: The decision will become effective on 1 January 2025. The start of the delay of the statutory retirement age for male and female workers will be synchronized. From 1 January 2025, the statutory retirement age of employees whose original retirement age was 55 (for women) and 60 years (for men) shall be gradually increased to 58 years for women and 63 years for men. For female employees whose original retirement age was 50 years the retirement age will be gradually increased to 55 years. Starting from 1 January 2030, the minimum contribution period for employees to receive monthly basic pension shall be gradually increased from fifteen to twenty years, with an annual increase of six months. If an employee reaches the legal retirement age but has not reached the minimum contribution period, he/she mat extend his/her contributions or make a lump-sum contribution to reach the minimum contribution period and receive a monthly basic pension. Employees who have reached the minimum number of years of contributions may voluntarily choose to retire early and flexibly for a maximum period of three years, and the retirement age shall not be lower than the original statutory retirement age of 50 years for female employees, 55 years for female employees and 60 years for male employees. If an employee reaches the statutory retirement age, and the employer and employee reach a consensus, the employee may delay his or her retirement flexibly for a period of up to three years. The State shall improve the incentives for pension insurance to encourage employees to pay higher contributions for longer periods, pay higher contributions for higher pension and to retire later for higher pensions. Pensions shall be based on the cumulative number of years of individual contributions, the actual contributions made by the individual, the individual’s retirement age and the amount of individual account reserves. For employees receiving unemployment insurance benefits and who are less than one year away from the statutory retirement age, the number of years of receiving unemployment insurance benefits shall be extended to the statutory retirement age, and during the period of implementation of today’s decision, the unemployment insurance fund shall pay statutory pension insurance premiums for these individuals. For detailed tables see: https://lnkd.in/eHzekkaE)

This sunny southern European country hugging the Atlantic coastline claims the No. 1 retirement spot on both International Living’s 2023 Annual Global Retirement Index and Global Citizen Solutions’s list of countries to retire abroad for Americans in 2023. It also grabbed the No. 2 spot on Live and Invest Overseas’s top 10 list. So what makes Portugal such a fabulous place to retire? The country scored high marks not only for being one of the safest countries in the world but also for its affordability, temperate climate and stable government.

Singaporeans choosing to retire in Malaysia due to lower costs, cultural similarities, and a peaceful environment. This trend highlights the importance of solid retirement planning. Key takeaways: 🔹Financial Preparedness: Knowing the cost of living in potential retirement spots can help stretch your savings further. For example, Malaysia offers more affordable housing than Singapore. 🔹Cultural Affinity: Retiring in a place with familiar culture and lifestyle can make the transition smoother. 🔹Health and Well-being: Access to green spaces and good healthcare is crucial for a fulfilling retirement. 🔹Regulatory Considerations: Programs like Malaysia's MM2H can offer benefits, but stay updated on requirements. Ultimately, the article serves as a reminder that proactive retirement planning allows us to make informed decisions about where and how we want to live our retirement years. It's about securing the freedom to enjoy a lifestyle that suits our preferences, whether that means staying close to home or exploring new horizons. #RetirementPlanning #FinancialFreedom #RetirementLifestyle #FIRE #spwenture #wegroup

With planning and the right expectations, living in this Mediterranean country can be an enjoyable way for expats to spend their retirement years. https://ow.ly/PRVf50Twi9E

Spain, Portugal and France have been included in the top ten recommended countries globally for expat retirees, with the UK ranked in 28th place and the US in 37th position. 🌐 The survey looked at factors such as quality of life, living costs, safety, healthcare and climate, alongside the ease with which expats have settled in and the amenities on offer. #retireabroad #retireoverseas #retirement #retirementplans #retirementplanning #expats #expatlife #chasebuchanawm