{"id":31018,"date":"2026-01-13T23:56:00","date_gmt":"2026-01-13T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=31018"},"modified":"2026-02-15T10:53:57","modified_gmt":"2026-02-15T02:53:57","slug":"how-much-pension-is-enough","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2026\/01\/13\/how-much-pension-is-enough\/","title":{"rendered":"How much pension is enough?"},"content":{"rendered":"\n<p>In a post I wrote in September 2021, &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/24\/full-time-investor\/\">Full-time investor, not attractive or fascinated<\/a>&#8221; I mentioned my views on the pension figures of Taiwanese people. Please note that these are the figures and views before global inflation in the last three years. I will quote this paragraph here.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2026\/01\/13\/how-much-pension-is-enough\/#Financial_preparation\" >Financial preparation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2026\/01\/13\/how-much-pension-is-enough\/#Office_workers_expectations\" >Office workers\u2019 expectations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2026\/01\/13\/how-much-pension-is-enough\/#Numbers_given_by_the_government\" >Numbers given by the government<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2026\/01\/13\/how-much-pension-is-enough\/#Related_article\" >Related article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"block-19c59ed7-f30c-4d07-a8bf-111f608c952b\"><span class=\"ez-toc-section\" id=\"Financial_preparation\"><\/span><strong>Financial preparation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p id=\"block-d018c1d7-9db7-47e7-8317-59971be2f0a1\">You need to have an investment portfolio large enough for retirement: In Taiwan, this requires you having any form of liability or debt, a your own house without mortgage, not renting, good health condition, no need to hire someone to take care of your daily life around the clock. I personally think that a single person should have at least NT$8 million (US$288,000) of net wealth, which of course is the &#8220;minimum material requirement&#8221; estimated in 2021. I want to emphasize that it is the &#8220;minimum material desire&#8221;, that is, not competing with the world, no extra desire; only keeping &#8220;simple&#8221; clothing, food, housing, transportation and entertainment.<\/p>\n\n\n\n<p id=\"block-b55850cd-3520-4b0f-bab1-ca9981d465dd\">There is no point in arguing about whether this number is enough, because everyone&#8217;s living standards are different. If you want to travel around the world from time to time after retirement, move to the center of the city to buy a new house, and have a servant to serve you, of course, it is another matter. And you must own your house. If you are not single and have no your own house, NT$15 million ( US$500,000) should be very dangerous.<\/p>\n\n\n\n<p id=\"block-54e2c7ed-31d5-4849-8298-3f46f481bebd\">Again, don&#8217;t underestimate the power of inflation. For this topic, please see my blog post &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/29\/inflation-and-rate\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tax, inflation and rate are the top three serious killers to investors<\/a>&#8220;.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Office_workers_expectations\"><\/span>Office workers\u2019 expectations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Yes123 job search website pointed out that under the premise of &#8220;living without worries&#8221;, Taiwanese office workers should prepare for their originally estimated retirement funds.<\/p>\n\n\n\n<p>How much does it cost? The survey shows that the average is as high as NT$26.23 million; unfortunately, as of now, the achievement rate is only 24.8%  of NT$26.23 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Numbers_given_by_the_government\"><\/span>Numbers given by the government<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to the 2023 data released by <a href=\"https:\/\/www.dgbas.gov.tw\/\" target=\"_blank\" rel=\"noopener\">Taiwan&#8217;s <em>Department of Budget, Accounting and Statistics<\/em><\/a>, the &#8220;average monthly consumption expenditure per person&#8221; is NT$25,726: If you retire at the age of 60 and live to the age of 80 on average, the 20-year expenditure will be approximately NT$6.17 million.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/10\/expected_pension-Custom.jpg\" alt=\"pension \" class=\"wp-image-31023\" srcset=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/10\/expected_pension-Custom.jpg 200w, https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/10\/expected_pension-Custom-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 85vw, 200px\" \/><figcaption class=\"wp-element-caption\">credit:leonardo.ai<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_article\"><\/span>Related article<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2026\/01\/13\/how-much-pension-is-enough\/\">How much pension is enough?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/16\/patience-to-invest-success\/\" target=\"_blank\" rel=\"noreferrer noopener\">Patience, an indispensable element of investment success<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/18\/time-discipline-and-patience-are-the-three-elements-of-successful-investment\/\" target=\"_blank\" rel=\"noreferrer noopener\">Time, discipline and patience are the three elements of successful investment<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/29\/inflation-and-rate\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tax, inflation and rate are the top three serious killers to investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/24\/full-time-investor\/\">Full-time investor, not attractive or fascinated<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Taiwanese&#8217;s pension expectation is NT$26.23 million. Taiwan&#8217;s Department of Budget, Accounting and Statistics, said, NT$ 6.17 million is enough.<\/p>\n","protected":false},"author":1,"featured_media":31023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[559],"tags":[],"class_list":["post-31018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance-management"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/31018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=31018"}],"version-history":[{"count":11,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/31018\/revisions"}],"predecessor-version":[{"id":40821,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/31018\/revisions\/40821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/31023"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=31018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=31018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=31018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}