Many Vietnamese people want an independent old age

Vietnam is one of the countries with fast aging population. Facing this situation, Prudential Vietnam Insurance Company Limited cooperated with Kantar Vietnam market research company to conduct a survey on “Independent life in old age”. The theme is to reflect the concerns, willingness and confidence of Vietnamese people to live in old age.

According to a survey by Prudential Vietnam, 85% of people want independent old age. Illustration. Source: Freepik.

The survey was conducted on 500 people, aged 30-45, living in HCMC and Hanoi, based on three aspects: physical health, mental health, and finance. The results show that 85% of Vietnamese people want to have an independent life in their old age, physical health is the top concern (59%) in the old age of the Vietnamese, followed by sperm health. God (30%), finance (11%).

The survey also shows that only 4 out of 10 Vietnamese people plan and act for their old life. Vietnamese women are better off planning their life in old age than men, with 75% of women reporting that they have a plan for old age, compared to only 59% of men. The main reasons for those who do not have a plan for the old life are family responsibilities (51%) and unstable finances (44%).

Vietnamese people tend to start planning for their old life when they turn 40. This is also the average age that Vietnamese people think they need to start preparing for all three aspects: physical health , mentally, financially.

Although the Vietnamese people’s readiness for life in old age is quite high, over 70%, the level of confidence in meeting their expectations is only about 40%. Married people are more willing and confident in their old life than the single group.

Mr. Phuong Tien Minh, General Director of Prudential Vietnam shared, the survey “Independent life in old age in Vietnam” has given results that reflect the picture of life. In the context of Vietnam’s socio-economic development, changes in family structure, the influence of the lifestyle and culture of Western countries, we can observe changes in thinking. and the actions of young people of gen X, Y gen.

Up to 85% of Vietnamese want to have independent old age, but only 40% - 10 people, only 4 people have planned and taken action.

Mr. Phuong Tien Minh, General Director of Prudential Vietnam. Image: Prudential Vietnam.

Although 85% of people wish to have an independent old life, the proportion of Vietnamese who actively plan and act to achieve this desire is currently at 40%. With the aim of helping people achieve good things in life, the survey “Independent life in old age” is the first step of Prudential Vietnam, joining hands to solve social challenges to grow old. Chemistry is not a burden.

“In the coming time, we will continue to implement activities to help people prepare better plans to increase their confidence level for their old life. This is also a affirmation of the long-term commitment of Prudential Vietnam for a healthy and prosperous Vietnamese community “, Mr. Minh shared.

Le Nguyen

Prudential Vietnam Life Insurance Company Limited (Prudential) is a member of Prudential, a leading financial group with headquarters in the UK. Prudential has operated in Vietnam for more than 20 years, focusing on expanding the life insurance market, changing people’s perceptions of insurance.

In Vietnam, Prudential is a life insurance company that provides effective solutions for financial protection, investment and asset increase for more than 1.6 million customers with a team of more than 200,000 professional consultants, 350 General agent office. The brand has transaction offices, customer service centers in 63 provinces and cities nationwide, a network of 8 reputable partner banks, a guarantee system of hospital fees at more than 366 hospitals and clinics. Prudential is also a pioneer in applying modern technology to simplify processes, improve customer experience, and support the community on the journey of mastering their own health and life.

With the new slogan “Listen – Understand – Act”, Prudential affirms its commitment to always put customers at the center of all activities, providing innovative and comprehensive solutions to meet increasing needs. customers’ high health. At the same time, it creates an easy connection with the generation of tech-savvy customers.

Find out more about the “Independent living in old age” survey here.


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