Fifty-nine per cent of working professionals are uncertain about the well-being of themselves and their families; 83 per cent believe a financial plan is vital for children’s higher education, shows ABSLI’s A-Nishchit Index survey.

The Asian Development Bank’s (ADB) ‘Aging Well in Asia’ report emphasises the need to expand health coverage for India's growing elderly population.

A study published on the eve of International Women’s Day revealed that over 39 per cent of women began investing in their 20s, and 44 per cent have prioritised retirement planning.

Indians are aware of insurance products, with 3 out of 4 urban families own one and around 25 per cent of urban Indians do not have life insurance and prioritise children's education and marriage.

The number of women working towards retirement planning dropped by 11 per cent to 57 per cent in 2023 compared to 2022, at 68 per cent

Most Indians do retirement planning themselves, but if they want professional help, they can approach insurance agents, banks, mutual fund distributors, etc., for financial advice.

Although there is anxiety over their financial well-being in old age, there is a growing awareness among Indians of the importance of retirement planning.

Sixty-seven per cent of respondents in a survey said they have a retirement plan in place, and 63 per cent said they have a comprehensive plan.

India’s financial stability is making NRIs want to return to the country, reveals a recent survey by SBNRI

With more women joining the workforce, independently making financial decisions, and becoming more financially aware than before, they are now increasingly saving for their retirement, too