Retirement plans
After retirement, how will the cost of the house be done, it is tension to all people. Actually, the government employees earlier used to get pension from the government after retirement. Whereas now government employees do not get any pension. At the same time, the employees working in the private sector did not get pension earlier and now they get pension. According to a report, in today’s time, you should have a fund of at least 3.5 crore rupees to run after retirement. If you also have tension of your retirement, then we are telling you in detail about it.
HSBC report revealed
According to a HSBC report, people in India will have to save about 3.5 crore rupees (about 4 lakh US dollars) to pass their retirement comfortably. This report, named Effluent Investors Snapshot 2025, has said that now Indian investors are becoming more aware of increasing inflation, longevity and living expenses. This is the reason why retirement planning is being seen afresh in the country.
The report also revealed that many people still want to meet small goals like traveling, studying or buying a house, but now many people have started giving priority to long-term economic security. According to the report, now most people have the highest investment like managed investment, shares and gold. Along with this, people are also considering new investment options.
Indians invest here
HSBC said, India’s investors are concerned about inflation and economic uncertainty, but at the global level, they are also very confident about achieving their financial goals. Indian investors give the most importance to investment in property, family financial help and savings for their good.
It was also informed in the report that according to an average investment in 2025, the highest increase in gold in the last one year was invested in gold. After this, investment in other options increased. At the same time, the share of cash amount of investors has come down to 15% and no clear opinion has been formed in the coming year.
Make retirement planning by the age of 30
HSBC also explained the importance of early planning. Those who start preparing for retirement at the age of 30, are more confident, while those who start late are afraid of compromising in life after retirement.
India’s concerns are similar to other countries of the world, but every country has different needs and preparations. For example, a average of US $ 1.39 million is required for retirement in Singapore, while in Hong Kong, the figure is about $ 1.1 million. Similarly, people consider their retirement to be safe and comfortable in the US.