Plan Your Retirement
with Confidence

Careful planning today can help you secure the life you want to retire into.

Retirement planning can often be seen as a tomorrow, next year or future task.

But by starting today, you can build solid foundations to live life to the fullest in retirement.

At Sun Life, we’re here to help you design the life you want to retire into, whether that's spending more time with family, going on your dream vacation, building a lasting legacy - whatever your retirement goal, Sun Life is your partner in helping you take the steps to achieve it.

How to Increase Passive Income in Hong Kong: 6 Ways for Everyday Earners

June 10, 2026

Want to earn more without working more? Discover 6 practical ways Hong Kong residents can start building passive income — from savings insurance to stocks and beyond.

How to Retire Early in Hong Kong with FIRE Movement

June 03, 2026

Discover how the FIRE movement can help you achieve early retirement in Hong Kong through strategic saving and investing.

Retirement Planning Tips For Millennials

June 01, 2026

As a young millennial, the thought of retirement planning rarely hits the horizon. You feel invincible and preoccupied with building an exciting career. With the rising cost of living, coupled with longer life expectancies, millennials are at risk of having to work way into old age.

Seven ways men and women think about retirement

June 11, 2026

Do men and women think and behave differently when it comes to retirement? On seven key questions, Canadian men and women have different perspectives about what happens after work.

Are you saving enough?

June 01, 2026

Enjoy the peace of mind of knowing that you have a retirement plan in place from Sun Life Financial Hong Kong.

[Be Inspired by Retirement] Could the Reverse Mortgage support your retirement?

May 29, 2026

Hong Kong people care much about “home ownership” and “mortgage payment”. But when they reach the retirement age, shall they consider joining the Reverse Mortgage Programme? Let’s look at the six questions below to learn more.

[Be inspired by numbers] What is the ideal age to retire?

June 01, 2026

Sun Life Financial Hong Kong helps you plan for retirement.

[Be Inspired by People] My pen is writing my second life

May 21, 2026

Coming from different generations of East and West, two calligraphers strive to stay inspired by using a pen to write their extraordinary second lives.

Health benefits of friendship

May 17, 2026

Being sociable can reduce anxiety and depression and provide a lifeline when life gets tough.

[Be Inspired by Annuity] Everyone needs annuity?

June 01, 2026

In recent years when talking about retirement, the keyword “annuity” would always come up, but is an annuity plan suitable for everyone? Let’s ask 4 questions to find if it’s useful for you.

Retiring unexpectedly? Here’s how your advisor can help

May 27, 2026

Instead of being years off, your retirement is suddenly happening right now. Asking your advisor these questions can help you manage the transition.

Choosing the perfect destination for retirement

May 14, 2026

As average life expectancy increases, so does our retirement durations. For retirees who seek a place to spend their next chapter, deciding whether to retire in place or relocate is not always easy. So how does it feel like spending your golden age aboard? Let’s have a glimpse now! 

Eight great travel tips for retirees

June 03, 2026

How to keep the fun in the journey? Here are the eight great travel tips for retirees.

Will your money last?

May 25, 2026

Make sure your money will last after retirement so you can enjoy life to the fullest and even leave a legacy.

Looking for guaranteed retirement income?

May 20, 2026

Think about an annuity for guaranteed retirement income.

What does an ideal retirement life look like?

An ideal retirement should combine good health, the freedom to stay active, and sufficient financial flexibility—enabling you to enjoy travel, pursue your interests, and live life on your own terms, rather than simply getting by.

Is a “Bare-Bones” Retirement Really What You Want?

“If I spend less now, I can scrape by in retirement.” This mindset reflects a sobering reality for many in Hong Kong. Before retirement, your daily expenses are mostly centered on living costs, transportation, dining, leisure, and travel. But have you ever considered that after retirement, these expenses may shift toward medical and long-term care, potentially disrupting your entire retirement plan?

Daily Consumption vs. Healthcare: The Risk of Imbalance

Survey showed that over half of Hong Kong respondents expect daily living expenses to account for about 60% of their retirement budget, with medical fees following closely behind. However, as life expectancy increases, this spending structure becomes precarious. As medical costs climb with age, they can easily derail a retirement plan and erode one’s quality of retirement life.

Hong Kong respondents retirement budget

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70% Forced into “Unwanted Minimalism” — When Travel and Leisure Become Luxuries

What choices would you make to ease financial pressure? The survey found that approximately 70% of retirees have considered or were forced to cut back on non-essential spending, such as entertainment and travel. If faced with a major illness, more than half admitted their only option would be to significantly downsize their lifestyle to afford treatment, believing that “pinching pennies is the only way to survive.”

Even worse, under the dual pressure of inflation and advancing medical technology, savings that once seemed “sufficient” often fall short. This reality has even forced more than half of the respondents to forgo the best possible treatment options.

Considering how to cut back on spending?

Entertainment

Travel

Non‑essential purchases

The survey shows that when faced with factors such as inflation, the advancement of medical technology that brings additional treatment options, and limited financial support from children, actual retirement expenses can easily exceed original estimates.

When retirement expenses exceed the orignal estimate, respondents will

Ideal Retirement: Beyond “Barely Enough” Toward “True Freedom”

A truly ideal retirement should not be a financial struggle. It is about achieving a golden balance between physical health and financial flexibility, allowing you the freedom to pursue hobbies, explore the world, and enjoy life to the fullest. Instead of settling for a “barely enough” standard of living, early planning allows you to strike a balance between your health, mental wellness and financial status, reclaiming full control over your retirement life.

 

Source: Sun Life survey reveals retirement divide in Asia: An option for some, an obligation for others

 

Contact us

Meet with a Sun Life advisor to explore retirement and long‑term financial planning solutions tailored to your needs.

 

You may be interested in the following products

RetireFree Immediate Annuity Insurance

Retirement

Benefit Term : Whole life

  • Financial stability to live a fulfilling retirement
  • Care support for your elder years
  • Legacy planning for future generations

Foresight Deferred Annuity Plan

Retirement
Featured

Benefit Term: Up to age 100

  • Offer stable income stream
  • With flexible plan options
  • Eligible for tax deduction

FlexiRetire Annuity Plan

Retirement

Benefit Term: To age 100

  • Flexible plan options
  • Provides Monthly Income
  • Simplified underwriting

FAQ

1. When should I start planning for retirement?

Retirement planning is not just for the future — it can start today. The earlier you begin, the more time you have to build a strong financial foundation and grow your savings. Starting early helps you gain more flexibility, so you can balance your current lifestyle while preparing for long-term goals.

2. Is retirement planning only about money?

Retirement planning goes beyond financial preparation. It also involves lifestyle choices, personal interests, and life goals. Having a clear vision of how you want to live in retirement can help guide your financial decisions and create a more meaningful and fulfilling future.

3. How can I manage financial pressure if unexpected medical needs arise after retirement?

Unexpected medical expenses can create financial pressure and affect retirement plans. Planning ahead and allowing flexibility in your financial strategy can help you better manage uncertainties and reduce the impact on your daily lifestyle.

4. How do healthcare costs affect retirement planning?

Healthcare needs can change over time, and medical costs may become a significant part of retirement expenses. Without adequate preparation, these costs can affect overall lifestyle and require adjustments to financial plans.

5. Why can retirement savings become insufficient over time?

Rising living costs, inflation, and increasing healthcare expenses can gradually reduce the value of your savings. What once seemed sufficient may no longer meet future needs, making it important to regularly review and adjust your retirement plan.