The central bank and nine other departments jointly issued the "Guiding Opinions on Financial Support for China's Retirement Cause and Serving the High-Quality Development of the Silver Economy." It mentions supporting the elderly preparation groups in making proper Retirement fund reserves and wealth planning. Enhance the awareness of the younger generation about preparing for old age, actively cultivate the public's concepts of Retirement finance, and effectively improve the recognition and participation in Retirement finance. Accelerate the cultivation of investment advisory teams to provide Retirement finance consulting and planning services, combining individual financial status and expected Retirement levels to calculate Retirement fund needs and design configuration plans. Develop attractive, stable, and profitable Retirement financial products aimed at preventive and long-term Retirement needs, addressing the financial habits, consumer concepts, and income levels of the younger and middle-aged population. Strengthen the innovation of diversified financial products such as specific Retirement savings, commercial insurance annuities, Retirement financial management, and Retirement target Funds to meet the personalized Retirement needs of different risk preference groups.