‘ ₹3 Cr in savings, yet he won't run the AC,’ Retirement money mistake your parents are making—and how you can help
Last Update Date: 05-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar shared, in a LinkedIn post the article draws on, the case of a retiree with ₹3 crore in savings who ran his AC for only an hour a day. He said such cases are common and that the saving habit often does not switch off after retirement.
More of Abhishek's views on retirement
The article looks at retirees who have built enough wealth but still deny themselves comfort, a habit shaped by decades of saving in an era of scarcity. It describes how this can lead to delayed medical care and missed comforts, and suggests ways adult children can help their parents spend on themselves.
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‘ ₹3 Cr in savings, yet he won't run the AC,’ Retirement money mistake your parents are making—and how you can help