Are you 30, 40 or 50? Here's how much retirement savings you may need at your age
Retirement planning must account for inflation and decades of expenses after regular income stops. With 7% annual inflation, someone spending ₹50,000 a month today could need a retirement corpus of ₹2.20 crore to ₹11.95 crore by age 60, depending on their current age and years until retirement.
Attribution
This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.
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