Are you saving enough for retirement? How to overcome the hurdles that prevent you from investing for this crucial goal
Published by Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder and chief investment adviser of SahajMoney, said under-funding of the retirement corpus is a common problem that people often notice only much later, when their money starts running out.
More of Abhishek's views on retirement
Economic Times looks at why many people under-save for retirement, from investing too little and underestimating inflation to rising medical costs, longer lives and large home loan EMIs. It cites a BankBazaar survey in which the share of savings set aside for retirement fell from 45% in 2022 to 38% in 2023, and profiles three savers' retirement numbers. Several planners comment, including Abhishek Kumar.
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Are you saving enough for retirement? How to overcome the hurdles that prevent you from investing for this crucial goal