NH Investment & Securities' 100-Year Life Research Institute announced on the 22nd that it has published the '2023 Pension Savings White Paper.' The 2023 Pension Savings White Paper is a retirement planning guide that summarizes how to create retirement income through pension savings and the National Pension while living in the era of 100-year lifespans. It contains various methods to prepare stable income in retirement by utilizing pension savings and the National Pension for a wise retirement life.
As discussions on pension reform have intensified recently, the need for supplementary sources of retirement income to the National Pension has become prominent, and the importance of private pensions is higher than ever. However, most people feel uncertain and worried about how to actually prepare.
The '2023 Pension Savings White Paper' clearly organizes essential information that must be known about the retirement living expenses needed after retirement, the management and tax-saving methods of pension savings, which correspond to individual pensions in Korea's three-tier pension system, and the lifelong monthly salary National Pension. In particular, it proposes pension strategies that can be usefully applied from young adults starting their careers to pre-retirees approaching retirement.
Jinwoong Kim, Head of NH Investment & Securities' 100-Year Life Research Institute (Senior Specialist at NH WM Masters), stated, "In the reality of the 100-year life era, economically stable retirement preparation requires securing income, that is, cash flow, that continues even after retirement," adding, "If retirement living expenses can be covered by pensions, life satisfaction in old age can be improved."
The 2023 Pension Savings White Paper is available at NH Investment & Securities nationwide branches and on the 100-Year Life Research Institute website.
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