Is Rs 1 crore enough for retirement? Most Indians have a corpus target, but few think their savings will last throughout golden years, finds study

Investor mindset

Indians are starting to think about saving and retiring earlier than ever before.

1 in 2 respondents think they should start planning for retirement from their 1st pay cheque

31 years is the average age when respondents start thinking of investing/saving for retirement, with the number for different generation at:

70%respondents already started retirement investment journey, with:

Journey of getting there

Most Indians have set a retirement corpus target, but very few are sure their savings will last throughout their twilight years.

Respondents aware of corpus needed to sustain current lifestyle in retirement years:

Confidence of respondents on retirement corpus sufficiency (in %):

Crorepati not enough

Fewer people think a Rs.1-crore corpus will suffice for their retirement needs.

Respondents who think Rs.1 crore will offer comfortable retirement:

Confidence among current respondents about Rs. 1 crore corpus:

Health as important as wealth

Indians increasingly view healthy ageing as a critical component of retirement preparedness.

~3 in 4 respondents still confident of staying fit in retirement years:

Among respondents who take proactive preventive measures:

Emotional cost hard to ignore

Fear of being lonely during retired years rising among respondents:

28% respondents eager to indulge in travel, hobbies and passions to achieve personal growth

87% respondents expect to live with their children in later years

Source: ‘Bharosa Talks: India Retirement Study Index 6.0’ by Axis Max Life Insurance, in partnership with Kantar. Field work conducted during July-August 2026 across 40 cities among people in the 22-65 age group. Respondent base was 2242 in 2025 and 3489 in 2026. *Gen X+ cohort comprises predominantly generation X respondents, along with a small proportion of baby boomers (approximately 1% of total sample