Know more about retirement?
Know more about retirement?
Skip to main content Skip to notification content
Back

In the midst of economic uncertainty, how do Filipinos view the importance of health and well-being, and its impact on financial security?

In Manulife's Asia Care Survey, more than 1,000 Filipino survey respondents shared their sentiments on health and finances amid economic uncertainty. Specifically, the study delved on their expectations on health longevity, insights on financial preparedness and retirement planning, and their views on the value of insurance for financial stability and health protection.

What are their top financial goals?

55%

Save for retirement

43%

Save for healthcare or medical needs

36%

Save for a rainy day

How do they save for retirement?

46%

Cash savings/bank deposits

20% Retirement insurance

18% Inheritance

18% Government's subsidy

17% Personal life insurance

17% Financial assistance from my next generation

9% Personal health and critical illness insurance

        

How can we retire early?

If you liked this study, you may find these interesting

A closer look at the financial and mental well-being of Filipino millennials and Generation Z in the time of COVID-19. 

Understanding Filipino Sentiments Toward Health and Critical Illness

A closer look at the financial and mental well-being of Filipino millennials and Generation Z in the time of COVID-19. 

In this study, we found that the pandemic has heightened the financial and mental health challenges of today’s most empowered generations.

Know Your Ys and Zs: A closer look at the financial and mental well-being of Filipino Gen Y and Z in the time of COVID-19

In this study, we found that the pandemic has heightened the financial and mental health challenges of today’s most empowered generations.

  • Here's how you can retire ready in life

    When saving for retirement, the age at which you start and the age at which you plan to retire are crucial. Starting early enables smaller, more manageable contributions, whereas a shorter timeframe closer to your retirement age may require larger investments to achieve your goals.

    Read more
  • Filipinos Are Not Retirement-Ready, Reports Say

    According to recent reports, only 29% of Filipino adults have a savings account. The Philippines, in fact, has one of the lowest savings rates in Southeast Asia. Another survey showed that 46% of Filipinos rely on cash savings or deposits for retirement, but how far can your money take you?

    Read more
  • Turning retirement dreams into financial reality: Timeless strategies that can help your savings grow

    The freedom to enjoy life on your own terms, with plenty of time (and money) to travel, focus on your hobbies or do whatever your heart desires may come to mind first when you think of retirement. But funding this milestone in one’s stage of life takes planning, discipline, and perseverance – and the sooner you start, the better.

    Read more
See All

You may also check out Manulife's Retirement and Investment products

Savings & Retirement

Saving for retirement just got a lot easier with Manulife Freedom. A retirement plan that provides guaranteed benefits. Talk to our financial advisor today.

Investment

WealthOne provides you with life insurance protection and the opportunity to maximize the growth of your funds to secure yourself and your family. To know more, talk to a financial advisor today!