Saurabh Mukherjea noted that current retirement strategies might be failing to account for increased longevity and the impact of inflation on living expenses. Taking the example of a 35-year-old who spends ₹1 lakh monthly, he calculated that a retirement fund of ₹5.5 crore could balloon to ₹25 crore if higher inflation rates are factored in. He further pointed out that extended lifespans, escalating healthcare bills, and shifts in career paths are likely to drive up the total amount needed for retirement.

by shortkt.com✓

5 hours ago