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Financial worries top concern across generations: AXA

The Edge Singapore
The Edge Singapore • 2 min read
Financial worries top concern across generations: AXA
SINGAPORE (Sept 24): Four out of five Singaporeans cite finance-related factors as obstacles in achieving their life goals, according to the AXA Better Life Index.
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SINGAPORE (Sept 24): Four out of five Singaporeans cite finance-related factors as obstacles in achieving their life goals, according to the AXA Better Life Index.

In a survey based on a survey of 1,008 Singaporeans spanning across four distinct generations – Generation Z, Millennials, Generation X, and Baby Boomers – more than half of respondents indicate that they struggle with rising cost of living.

Other top struggles include being unable to save enough money (35%); finding it difficult to achieve work-life balance (29%); worrying about job security (29%); and fretting over insufficient financial protection (26%).

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