The statistic shows the share of people in selected countries worldwide that believed shortfalls in their retirement savings would impact the amount of money they would able to spend on food and fuel as of 2013, by country. It was found that 61 percent of the respondents from the United States, who believed they could not make up their retirement shortfalls, stated that the shortfalls in their retirement savings might require them to cut down spending on food and fuel.
Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country
Characteristic
Share of respondents
UK
62%
U.S.
49%
Australia
46%
France
43%
Canada
42%
Average
39%
Taiwan
37%
Malaysia
31%
Hong Kong
30%
Singapore
30%
Egypt
27%
Mexico
26%
Brazil
25%
Created with Highcharts 7.2.2Share of respondents62%62%49%49%46%46%43%43%42%42%39%39%37%37%31%31%30%30%30%30%27%27%26%26%25%25%24%24%19%19%15%15%UKU.S.AustraliaFranceCanadaAverageTaiwanMalaysiaHong KongSingaporeEgyptMexicoBrazilUAEChinaIndia
0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%
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Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country
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The research surveyed 16,000 people in 15 countries: Australia, Brazil, Canada, China, Egypt, France, Hong Kong, India, Malaysia, Mexico, Singapore, Taiwan, United Arab Emirates, United Kingdom and the United States. The findings are based on a representative online sample, covering people of working age (25 and over) and those in retirement.
Among those who do not think they can make up their retirement shortfalls.
Not all respondents were of retiring ages.
The source contains no information as to how the survey was carried out.
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HSBC. (January 6, 2013). Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country [Graph]. In Statista. Retrieved March 14, 2025, from https://www.statista.com/statistics/276370/retirement-shortfalls-and-implications-on-food-and-fuel-spending/
HSBC. "Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country." Chart. January 6, 2013. Statista. Accessed March 14, 2025. https://www.statista.com/statistics/276370/retirement-shortfalls-and-implications-on-food-and-fuel-spending/
HSBC. (2013). Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country. Statista. Statista Inc.. Accessed: March 14, 2025. https://www.statista.com/statistics/276370/retirement-shortfalls-and-implications-on-food-and-fuel-spending/
HSBC. "Share of People That Believe Shortfalls in Their Retirement Savings Will Impact The Amount of Money They Are Able to Spend on Food and Fuel as of 2013, by Country." Statista, Statista Inc., 6 Jan 2013, https://www.statista.com/statistics/276370/retirement-shortfalls-and-implications-on-food-and-fuel-spending/
HSBC, Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country Statista, https://www.statista.com/statistics/276370/retirement-shortfalls-and-implications-on-food-and-fuel-spending/ (last visited March 14, 2025)
Share of people that believe shortfalls in their retirement savings will impact the amount of money they are able to spend on food and fuel as of 2013, by country [Graph], HSBC, January 6, 2013. [Online]. Available: https://www.statista.com/statistics/276370/retirement-shortfalls-and-implications-on-food-and-fuel-spending/
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