Retirement planning: Today, the hand of the youth is coming to the money. Easy investment options are also available. However, a large number of Indian youth are still postponing retirement planning. The prime wealth finserv co-founder and executive director Chakravarthy V (Chakravarthy V) and Chakravardhan Kuppala say that this negligence can lead to major financial problems later.
Chakraborty says, “If you retire at the age of 60 and live till 85, then you have to spend 25 years without salary. The question is not how many years you will live, but it is how many years your money will last.”
Increasing age and expenses
According to both experts, people prioritize retirement to home, children’s education or other expenses first, considering retirement as a distant goal. But life expectancy is increasing in urban India and traditional support systems like joint family are no longer reliable.
Also, healthcare expenses also increase faster than normal inflation and this expenditure is at its peak when your regular income stops. In such a situation, it is very important for those who do not have any formal pension, it becomes very important to make a strong fund for retirement.
How much money will be enough?
Chakravarti and Kuppala recommend that at the age of 30 people think what life is needed after retirement. For example, if the monthly expenditure of your home today is ₹ 60,000, then if 6–7% annual inflation is consumed, then the same expenditure can reach ₹ 1.5–2 lakhs in 25 years.
In such a situation, a retirement fund of at least ₹ 4 to ₹ 6 crore can be necessary, so that 20–25 years can be taken out comfortably. For this, the fund gap should be estimated by reviewing the current investment like EPF, PPF, Mutual Fund and Real Estate.
They say that by starting with a SIP of ₹ 15,000–20,000, the necessary funds can be prepared by gradually increasing it. Also, it is necessary to plan how the money will be withdrawn after retirement.
What are the options available?
There are many options for preparing retirement funds in India. Expert says that you can invest money in any of them according to your convenience. Or you can divide part of the investment into all good schemes.
PPF (Public Provident Fund): Protected options with government guarantee and tax free returns, especially for Conservative Investors.
EPF (Employees Provident Fund): The means of frequent savings for salary, including the contribution of the employer.
NPS (National Pension System): A long -term plan with low cost, flexible asset allocation and tax benefit.
Equity mutual funds through SIP: Long -term best growth option, which is now playing an important role in retirement planning.
SIP has become a new habit
Chakravardhan Kuppala says that now people are adopting SIP as a monthly commitment, such as rent or EMI. In March 2025, a net inflow of more than ₹ 7,000 crore was seen in mid-cap and small-cap mutual funds, which makes sense that despite the volatility of these segments, people have confidence in India’s long term growth. Commitment to SIP can make people make good money in long term.
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