2030 Investment Boom... 1 in 8 Preparing for Retirement Through Stocks and Bonds

[Economy 365]

The number of people in their 20s and 30s preparing for retirement through stocks and bonds has increased by about 5 times over a span of 14 years.

According to the Korean Statistical Information Service, the proportion of individuals who cited stocks and bonds as their retirement preparation method last year was 12.8% for those in their 20s and 13.4% for those in their 30s.

Back in 2011, these figures stood at mere 2.6% and 2.8%, respectively.

After surging to the 11% range in 2021 amid a stock investment boom, the rates have maintained high levels.

However, in a multiple-response survey, 71% of the population aged 19 and older chose the National Pension as their retirement preparation means, and 44.1% selected savings deposits and savings-type insurance, which still remained higher than stocks and bonds.

*This article was produced with AI audio.
※ Please note: This article was translated by AI and may contain errors.