UBS poll shows the rich may not quite retire after retirement
Some high net worth individuals in Singapore, Hong Kong view retirement as a chance to start new businesses
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Singapore
GONE be the idea that the rich will sit idle in their old age, with a UBS survey suggesting that some high net worth individuals in Singapore and Hong Kong view retirement as a chance to start new businesses. The women in Singapore, in particular, show confidence in boosting their retirement fund through new ventures.
The survey, done this year, looked at the views of 430 affluent investors from Singapore and Hong Kong, each with at least US$250,000 in investible assets. Just over 40 per cent of them are millionaires by assets.
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