This depends heavily on your lifestyle expectations and where you plan to live. Based on 2025 costs, most retirees need between NT$40,000-80,000 monthly for comfortable living. Urban areas like Taipei require more, while smaller cities offer lower costs. We recommend calculating 70-80% of your current income as a starting point, then adjusting based on your specific plans for healthcare, housing, and activities.

You can start collecting at 60, but waiting until full retirement age (currently 61 and gradually increasing) gives you the full benefit. Each year you delay past full retirement age increases your monthly payment by about 4%. If you're still working and don't need the income immediately, delaying can significantly boost your lifetime benefits. We help clients run the numbers based on their specific situation.

Yes, but with a more conservative approach than in your younger years. Many financial planners suggest your age in bonds (so at 60, maybe 60% bonds, 40% stocks). However, with longer life expectancies, some stock exposure helps combat inflation over a 20-30 year retirement. The key is proper diversification and gradually shifting to more stable investments as you approach and enter retirement.

This isn't always a clear yes or no. If your mortgage rate is low and you can earn more by investing the money instead, keeping the mortgage might make sense. However, many retirees prefer the peace of mind that comes with owning their home outright. Consider your interest rate, investment alternatives, tax implications, and your comfort level with debt in retirement.

Taiwan's National Health Insurance covers basic healthcare, but additional costs for premium services, dental work, and long-term care should be planned for. Many retirees budget NT$15,000-25,000 annually for out-of-pocket healthcare expenses. Consider supplemental insurance for more comprehensive coverage, and factor in potential long-term care needs which can be substantial.