Every day the life expectancy of an individual increases my 6 hours.
Thanks to medical science.
GLP-1, advanced health care, supplements, etc, etc is increasing life expectancy.
With that said, the old retirement corpus won’t work anymore.
People aren’t retiring at 60 and passing away at 70 these days.
If you’re in your 20s, 30s; you’re probably going to live longer upto 80-100 years.
This new post retirement age needs more retirement fund to fund your lifestyle.
If you think 2-5cr will do, you’re in a dream.
Wake up.
Increase your savings rate.
Increase your earnings power.
More retirement corpus will help you lead a better post retirement life.
Plan accordingly.
As always, thank me later!