Mint highlights strong savings rate for retirement planning

10 articles · Updated · Mint · May 4

Bankbazaar CEO Adhil Shetty says savers should target at least 20% of income, noting ₹20,000 monthly over 25 years can nearly double the corpus versus ₹10,000.
The report says disciplined, early and consistent saving matters more than chasing market timing, returns or the right asset class because savings rates remain within an individual's control.
It adds that inflation, especially medical inflation, makes retirement planning urgent, while compounding works best when savings are steadily invested in growth assets suited to risk appetite.

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