Vietnamese majority unprepared for independent seniority: survey

Associate Professor, PhD Giang Thanh Long presents the study on "Preparedness for Independent Seniority". Photo by Prudential Vietnam

Only 28.4 percent of respondents plan to live independently in old age, according to a national study on "Preparedness for Independent Seniority" by the Institute of Social and Medical Studies.

The Institute of Labor Science and Social Affairs (ILSSA) and Prudential Vietnam on Dec. 14 held a technical workshop to announce initial findings and consult with experts on the national study of "Preparedness for Independent Seniority" and "Ensuring Social Security for the Elderly", concerning the ageing population in Vietnam. These studies were conducted by ILSSA in collaboration with the Institute of Social and Medical Studies (ISMS), with support from Prudential.

The survey involved 2,019 people aged 30 to 44, residing in six key cities and provinces that represent national economic regions from September to October 2021. The study framework was based on Active Ageing Index, assessing indicators in the four main areas of finances; engagement with family and society; preparedness for physical and mental health; and assessment and expectation on retired and senior life.

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