Retirement calculator: Could 9% inflation exhaust your ₹1 crore corpus 11 years earlier? - Retirement planning: Could 9% inflation exhaust your ₹1 crore corpus early?
· economictimes.indiatimes.com
A retirement corpus that looks sufficient today may not last as long as you expect. Rising expenses on groceries, fuel, utilities and medicines can erode purchasing power faster than the official inflation rate suggests. For retirees, even a few years of higher personal inflation can significantly shorten the life of their savings. Retirement planning: Could 9% inflation exhaust your ₹1 crore corpus early?
Don't rely only on an average inflation assumption. Recalculate your retirement plan assuming inflation stays at 9–10% for three years before settling at 7%. ...