RETIREMENT PLAN SURVEY - Total Respondents : 54               1. What are you currently spending your extra income on:        I am saving for my children’s future 17             I am sending it home to my country of domicile 13             I am investing it in property 19             I am saving for retirement 19             I am spending it on lifestyle 14             I am reluctant to continue to spend as I have in the past due to current economic climate 5             I am investing in other financial products 10            No of respondents answered to this questions: 48 2. What are your current avenues for investment ?        High interest savings 16             Property 26             Mutual funds 8             Bonds 2             Stocks and shares 13             Guaranteed propositions 5             Topping up my personal retirement plan 9             Foreign currency 5             Gilts 0            No of respondents answered to this questions: 45 3. Have you ever done a retirement needs calculation (determine how much money you need?)        Yes 16             No 30            No of respondents answered to this questions: 46 4. Do you own a retirement savings plan?        Yes 18             No 25             Don't KNow 2            No of respondents answered to this questions: 45 5. At what age did you start to plan for your retirement?        0-20 years old 2             21-25yrs 1             26-30yrs 1             31-35yrs 4             36-40yrs 6             41-50yrs 2             51yrs + 2             Not yet 0            No of respondents answered to this questions: 18 6. At what age do you intent to retire?        31-40yrs 0             41-50yrs 7             51-55yrs 3             56-60yrs 15             61-65yrs 13             66-70yrs 3             71yrs + 2             Don’t know 3            No of respondents answered to this questions: 46 7. What is your level of confidence on being able to retire at your ideal age?        Very confident 16             Somewhat confident 17             Not very confident 9             Not at all confident 1             Don’t know 3            No of respondents answered to this questions: 46 8. Where is your ideal place of retirement?        Home country 34             Present country of residence 3             Another country 3             I don’t know 6            No of respondents answered to this questions: 46 9. How do you view retirement?        Opportunity to make a new start 22             Continuation of pre-retirement lifestyle 17             Unwelcome imposed disruption 2             As a transition to old age 5            No of respondents answered to this questions: 46 10. What lifestyles to you anticipate after retirement?        Extravagant 1             More modest than usual 18             Same 22             Less modest than usual 5             Restrained 0            No of respondents answered to this questions: 46 11. Does your current employer offer you a pension scheme?        Yes 12             No 34            No of respondents answered to this questions: 46 12. Are you currently paying an additional amount for your pension scheme?        Yes 8             No 4            No of respondents answered to this questions: 12 13. If no, why:        Employer provides adequate benefits 17             Cannot afford it 3             Not found a suitable scheme in the market 6             Have not thought / considered it 17            No of respondents answered to this questions: 38 14. Are you confident in having enough money to live comfortably throughout your retirement years?        Very confident 9             Somewhat confident 21             Not to confident 11             Not at all confident 4            No of respondents answered to this questions: 45 15. What are you biggest concerns in regards to NOT having enough money for retirement?        Recent economic uncertainty 12             Inflation 21             Cost of living 32             Job loss 7             Pay cut 1             Level of retirement plan benefits decreased 6             Increase in debt 3             Health expenses 19             Spouse/you loss of job or pay-cut 4            No of respondents answered to this questions: 46 16. Are you planning to supplement your pay by working during your retirement?        Yes 7             No 7             Maybe 25             Don’t know 7            No of respondents answered to this questions: 46 17. What are your expected sources of retirement income?        Employer-sponsored retirement savings plan 9             Self-provided traditional pension or cash balance plan 11             Personal pension 12             Employment 8             Other personal savings or investments 35            No of respondents answered to this questions: 46 18. Once you retire, would you have any of the below financial responsibilities to still manage:        Children’s education expenses 18             Children’s wedding expenses 12             Outstanding loans (e.g. car, house) 7             Spouse 18             Others 15            No of respondents answered to this questions: 41