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A New Method For Helping Chinese People Who Are Facing Retirement To Exert Greater Control Over Their Financial Resources, Xuanmu Yan Dec 2016

A New Method For Helping Chinese People Who Are Facing Retirement To Exert Greater Control Over Their Financial Resources, Xuanmu Yan

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In China, personal financial advisers are not common. Chinese people who are facing retirement have a difficult time to plan for their retirement. This causes a very serious problem in China: many older Chinese do not have enough money in retirement. Therefore, my goal is to help Chinese people that are facing retirement without a detailed financial plan. In order to do so, I’ve conducted research to understand the long-term goals of those Chinese people. As a qualitative research approach, I've created three probes to explore the problems they are facing and the reasons why existing solutions do not work …