Planning for retirement leads the financial goals of savers in the Emirates

Dubai, February 18 / WAM / National Sukuk, the savings and investment company compatible with Islamic Sharia in the UAE, revealed today the results of the annual survey that it conducted at the end of each year to highlight the aspirations of the savings financial for the next year.
The results showed that retirement planning still tops the list of financial decisions for the second year in a row, followed by the increase in current savings and then saving to buy something of high value such as a house or a car, which reflects the noticeable growth of awareness of the importance of early financial planning and smart strategies for saving.
According to the poll, 40% of the participants determined that they are on the right track to achieve their financial goals for the year 2024, while 45% of them indicated that they achieved part of these goals.

Participants also expressed different levels of confidence in their plans for 2025, with 36% of them confirmed their full confidence in achieving their financial goals.
At the level of age groups, growth in financial culture was observed, as 40% of the Z generation and 36% of the Millennium Generation showed higher confidence in achieving their financial goals compared to 32% of the x.
The results also showed that 42% of men are in the right track to achieve their financial goals, compared to 33% of women.
On the other hand, 78% of women expressed a greater tendency to use financial advisors or the use of financial planning tools, compared to 76% of men.
Nevertheless, both sexes focused on pension planning and increase savings as a financial priority.
94% of Emiratis also expressed their interest in the use of financial advisers or the use of financial planning tools to achieve financial stability in the future, compared to 77% of residents of the country.
Rehab Lootah, Executive Vice President of the National Sukuk Group, said that these results reflect the remarkable growth in the commitment of individuals in the state to achieve their financial goals and increase their awareness of the importance of financial planning, especially the importance of early planning for retirement.

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