A recent report from HSBC shows that people across the West -- including the U.S. -- are generally pessimistic about their retirement prospects while those in the East are relatively optimistic. And yet, by every objective measure, citizens in Western developed countries control significantly more assets per capita than their counterparts in Eastern emerging economies. This inconsistency begs the question: Are we ever satisfied?

Specifically, HSBC’s The Future of Retirement report showed that 64% of Americans are concerned they haven’t saved enough for retirement, with 59% expecting  to be worse off than their parents. Conversely, only 17% of Chinese expect to face financial hardships in retirement. Those findings are relatively consistent across Eastern and Western nations.

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