According to a survey conducted in South Korea in 2021, around 32 percent of respondents said their main motivation for investing was to prepare for retirement and build up additional income for it. About 14 and 13 percent intended to use the investments for early retirement preparation and real estate purchase, respectively.
Main investment objectives of people in South Korea in 2021
*Each 100 South Korean workers in their 30s, 40s, and 50s who have an individual retirement pension (IRP) and financial assets of 10 million South Korean won or more.
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Shinhan Bank. (August 17, 2021). Main investment objectives of people in South Korea in 2021 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1262417/south-korea-motivations-for-investing/
Shinhan Bank. "Main investment objectives of people in South Korea in 2021." Chart. August 17, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1262417/south-korea-motivations-for-investing/
Shinhan Bank. (2021). Main investment objectives of people in South Korea in 2021. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1262417/south-korea-motivations-for-investing/
Shinhan Bank. "Main Investment Objectives of People in South Korea in 2021." Statista, Statista Inc., 17 Aug 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1262417/south-korea-motivations-for-investing/
Shinhan Bank, Main investment objectives of people in South Korea in 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1262417/south-korea-motivations-for-investing/ (last visited November 13, 2024)
Main investment objectives of people in South Korea in 2021 [Graph], Shinhan Bank, August 17, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1262417/south-korea-motivations-for-investing/
