, Columnist
To Retire Rich, Don’t Leave Too Much to Your Kids
When you make your bequest is a crucial calculation. Asian societies have long experience in juggling timing and outcomes.
Asians have a strong bequest motive. They also don’t want to die working.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Like self-improvement books, the purpose of pension adequacy surveys is to make us feel lousy about ourselves.
Lousy and scared: We haven’t saved enough because we’re myopic and lack self-control. We don’t have a retirement plan, and it’s getting late. That next avocado toast may deny our future selves a pair of reading glasses.