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Opportunities in Finance
MZInc knows that the finance industry should especially focus
on the Asian market as they are avid savers, and of which
two-thirds recognize the importance of having a successful
investment strategy.
- 64% of the Asian market have savings accounts - more than
twice the general market
- 86% save for emergencies
- 66% save for retirement
- Other key motivations include education, and purchase of
house and car
In addition to these promising numbers, about 15% of Asian-Americans
already have mutual fund accounts. Asian-Americans also show
a strong interest in 401(K) plans.
- 17% contribute to 401(K) plans, which is 3 points higher
than the total market
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