Group 1 - The core viewpoint emphasizes the importance of wealth management to capture growth during retirement, which is often overlooked despite the focus on passive income and financial security [1] - A recent survey by Schroders Investment highlights key retirement concerns among Hong Kong residents, including unexpected medical expenses (76%), inflation reducing asset value (73%), and outliving retirement savings (67%) [1] - The concept of "longevity risk" is identified as a significant issue, with the average retirement potentially lasting up to 22 years, necessitating better financial preparation [1] Group 2 - Schroders Investment advocates for maintaining investments to capture potential capital growth rather than allowing wealth to stagnate in bank deposits, which is crucial for combating longevity risk and managing rising living expenses [2] - Diversifying investments across various asset classes (such as stocks, bonds, and alternative investments) and regions is recommended to mitigate risks while capturing potential growth [2] - Key factors for managing retirement wealth include continuous capital appreciation, generating fixed income sources for daily expenses, selecting moderately volatile investments for peace of mind, and ensuring liquidity for unexpected medical or emergency needs [2]