From inflation of 1%3 (in 2004) to inflation of 4.4%3 (in 2015) now, the cost of living is gradually increasing. If we wish to maintain our current lifestyle, we have to keep up with the ballooning price levels.
1Source: Hong Kong Population Projections 2012-2041, Census and Statistics Department, HKSAR.
2Source: 2015 HSBC “Future of Retirement – A balancing act?” Survey.
3Source: Consumer Price Index and Its Movements during 2004 to 2013, Census and Statistics Department, HKSAR.
4Source: Towers Watson 2011 Global Medical Trends Survey Report.
5Source: The 2011 Population Census
6Source: 2013 HSBC “Future of Retirement – Life after works?” Survey
Want to review your finances and assess if you are on track with your priorities in life? Complete a Financial Health Check online to understand your financial strengths and identify areas that may need further attention.
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You can leverage on our easy-to-use online Financial Health Check (FHC) tool to review your finances and assess if you are on track with your priorities in life.
It highlights your financial strengths and identifies areas that may need further attention, in view of your needs across the following five areas:
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