How retired hurt are you?


“A situation where people’s lifestyle or standard of living improves as their discretionary income rises either through an increase in income or decrease in costs. As lifestyle creep occurs, and more money is spent on lifestyle, former luxuries are now considered necessities.”

When will you be able to hang up your boots?

Runaway inflation over the last 7-8 years has impacted our finances by negating salary increases, devaluing the Rupee and making life unaffordable for retirees. For many who were on the verge of retirement, they now need to evaluate if they can indeed call it a day, any time soon.

Based on data from our users we see that most will not be able to retire at 60.

Can you really retire at 60?

While those with 10 or 15 years to go still have time to save more, those at retirement are the most affected.

Such findings have far reaching implications for policy change (e.g. a blanket deferment of retirement age, a need for social security for older citizens, non-taxation of retirement benefits).

You may also like to read: Lifestyle creep and how it can impair your retirement.

The seduction by “retirement product advertisements” that show a 60+ years old, gray haired gentleman discovering his (financial and personal) freedom can be a little misleading. Since most of us never really budget such spends into our retirement expenses, the corpus we are likely to set aside for the golden years will in all likelihood, fall short.


While changes in your lifestyle will be an important factor Use our retirement calculator to understand how much you should save for your retirement.