How to protect your retirement corpus from inflation? Points to remember

Quick Summary:

In an average Indian household, senior citizens retire and mostly depend on passive sources of income or focus on accumulating wealth for the next generation.

It is essential to understand at the outset how inflation impacts real returns.

For example, a senior citizen with a Rs 2 crore corpus lives in their own house with one dependent (spouse) and has monthly expenses of Rs 50,000.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Inflation-proof retirement savings Retirement planning against inflation Financial Security Smart Investing Inflation Protection Wealth Management Retirement Planning

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 18:27:24 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 429 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24092382

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 355 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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