₹3 Cr or ₹5 Cr — How Much Do You REALLY Need to Retire at 55?
Because your retirement number isn’t decided by a corpus—it’s decided by your lifestyle, expenses, longevity and income needs. Most retirement conversations start with a corpus number . But that may be the wrong starting point. Because ₹3 crore could be enough for one person—and insufficient for another. The better question is: What kind of life do I want after 55, and can my money sustainably support it? Start With Your Lifestyle Before calculating your retirement corpus, understand your future expenses. Will your home loan be over? Will you travel more? What about healthcare? Will you support your children? What kind of lifestyle do you want to maintain? Retirement doesn't necessarily mean spending less. Your spending may simply change . Remember Inflation If you spend ₹1 lakh a month today, that doesn't mean you'll need ₹1 lakh when you retire. At 6% inflation, ₹1 lakh today could become roughly ₹3.2 lakh in 20 years . So retirement planning must calculate future expense...