24
Feb
India’s approach to retirement is undergoing a shift, with more people viewing their later years as a “Second Innings” focused on travel, entrepreneurship and personal passions. However, a new study warns that financial preparedness still lags behind aspirations. According to IRIS 5.0 released by Axis Max Life Insurance Limited, the national retirement readiness score has improved to 48. Yet, 63% of urban Indians fear their savings may not last beyond 10 years after retirement. The study also highlights that 7 out of 10 Indians still consider ₹1 crore as sufficient for retirement — a belief described as the “₹1 Crore…
