For 45-year old Singaporean civil servant Muru Nagaraju, saving for retirement is a major concern.
"It's certainly one of my biggest worries. I'm lucky because at the end of the month I do have enough to save and I do have some alternative income in terms of shares etc," he said.
"But not many people can do that. The average Singaporean makes only so much money and there's not enough to even think about saving," he added.
Anxiety over retirement is not uncommon in Asia, where the absence of state welfare means most people are left to fend for themselves in their golden years.
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It's a concern that dominates even in the wealthy state of Singapore. A study by insurance group AIA published this week found that residents in the city are the most concerned about the issue compared to other Southeast Asia nations.
A total of 55 percent of the 500 Singaporeans surveyed by AIA said they were worried they would not be able to save enough, compared to a regional average of 44 percent. Furthermore, 35 percent of Singaporean respondents ranked saving for retirement as the most difficult goal to achieve in life.