Archive · 5 Jun 2025
Survey Reveals Mismatch in Indian Retirement Savings and Aspirations
A recent survey in India shows that many people want a lot of money each month when they retire.
Most people want more than ₹1 lakh per month.
However, not many think their current savings are enough.
Many people use traditional retirement plans like EPF and NPS.
Also, younger people are more interested in risky plans that could give them more money.
Most people are saving a small part of their income.
Experts are concerned people might not save enough for their desired retirement.
Most rely on EPF, gratuity, and NPS for retirement, showing limited diversification.
Over 55% of respondents expect a monthly pension exceeding ₹1 lakh.
Only 11% believe current investments are sufficient to meet their pension expectations.
Younger respondents show interest in high-risk, high-return retirement plans.
74% contribute between 1% and 15% of their salary toward retirement plans.
- Who
- Working professionals in India
- What
- Mismatch between Indian retirement aspirations and financial preparedness
- When
- August and September last year
- Where
- India
- Why
- To highlight the need for improved financial planning and pension reforms.
Current Retirement Planning
Future Retirement Needs
Pension Adequacy
Current Retirement Planning
Current savings patterns are insufficient for expected pensions.
Future Retirement Needs
Significant gap between desired pension and current savings.
Investment Strategies
Current Retirement Planning
Conservative contribution habits among high-income earners.
Future Retirement Needs
Younger investors show interest in high-risk, high-reward pension plans.
Financial Literacy
Current Retirement Planning
Many individuals lack understanding of pension calculations.
Future Retirement Needs
Greater financial education needed to bridge the gap.
- Survey Conducted By
- Grant Thornton Bharat
- Expecting Pension
- Over 55%
- Confidence in Savings
- Only 11%
- Retirement age for 43% of under 25
- Between 45-55 years
- 56% plan to retire
- Between 55-65 years
