East India better insured to take on retired life than other regions: IRIS

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East India better insured to take on retired life than other regions: IRIS - Business Standard

Quick Summary:

According to the findings of the fourth edition of the India Retirement Index Study (IRIS), conducted by Max Life Insurance Company in partnership with KANTAR, a marketing data and analytics company, East India outshone other regions, scoring an impressive 54 on the Retirement Index, significantly higher than North and South India, both at 48, and West India at 49, as well as the national average of 49.

People in Eastern India are better prepared to take on retired life than their counterparts in the country's North, South or West, thanks to their enhanced saving propensity for their future, a study reveals.

India retirement index is the degree to which Indians feel prepared for retired life on a scale 0 to 100.