Mirae Asset Pension Center Publishes 'MZ Generation's Retirement Perceptions and Pension Management Trends'

[Asia Economy Reporter Minji Lee] Mirae Asset Investment and Pension Center announced on the 16th that it has published Investment and Pension Report No. 53, titled ‘Retirement Perceptions and Retirement Pension Management Trends of the MZ Generation.’

To understand the retirement perceptions of the MZ generation, a new generation expected to lead the growth of the retirement pension market, and the current status and characteristics of DC-type retirement pension management, Mirae Asset Investment and Pension Center conducted Korea’s first ‘MZ Generation Retirement Pension Management Survey.’ This survey was conducted in November of this year targeting 1,000 office workers aged 25 to 39 (born between 1982 and 1996) who are subscribers of DC-type retirement pensions.

Through this survey, the Investment and Pension Center examined the retirement views of the MZ generation and their retirement preparation status centered on retirement pension assets. The average planned retirement age of the surveyed MZ generation is between 60 and 64 years old. The proportion preferring retirement after age 65 is relatively high at 24%, indicating a gap between the widely discussed early retirement trend and the MZ generation’s realistic perception. The average DC-type retirement pension savings of the MZ generation is 19.74 million KRW, falling short of 20 million KRW.

Researcher Kyuseong Lee of Mirae Asset Investment and Pension Center stated, “The MZ generation has shown a different level of proactiveness in direct stock investments compared to other generations, and it appears they are also showing a strong investment-oriented tendency in recent retirement pension management.” He emphasized, “It is important for the MZ generation to recognize the necessity of adhering to asset allocation principles based on risk management and long-term diversification in future retirement pension management.”

More detailed information about the publication of Investment and Pension Report No. 53 can be found on the YouTube channel Investment and Pension TV and the Mirae Asset Investment and Pension Center website.

This content was produced with the assistance of AI translation services.