Abstract

In Hong Kong, the cost of living is high for retirement, and managing expenses (e.g. medical care) could be quite stressful. As the integration between the Mainland and Hong Kong is getting stronger, Hong Kongers have become increasingly open to enjoying life in the Mainland, and gradually feel that living in Hong Kong is no longer the only option for retirement. How to choose a city in the Mainland where the cost of living is low while high standard is high? How to live a happier life? How can financial products help explore new lifestyles in retirement?