South India lags behind on retirement planning, 3 in 4 feel savings will exhaust within 10 years of retirement
South India lags behind on retirement planning, 3 in 4 feel savings will exhaust within 10 years of retirement
Retirement index at 43, lags in health (39), emotional (59) and financial preparedness (47) compared to East and West
Only 1 out of 4 understand the importance of financial security post retirement
Majority depend on emotional support from family/ friends, more than 50% wish to stay with children post retirement
Health remains a concern, with only 51% taking regular health check ups
17 October 2022, Chennai: Max Life Insurance Company Ltd. (“Max Life”/ “Company”), in partnership with Kantar- the world’s leading marketing data and analytics company, launched the second edition of the ‘India Retirement Index Study’ (IRIS). The study assesses urban India's readiness ...