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DEMOGRAPHIC TRENDS IN INDIA AND ITS EFFECT ON YOUR FINANCIAL LIFE Slide 2 HAVE YOU PLANNED FOR YOUR LIFE AFTER RETIREMENT REGULAR INCOMEREGULAR INCOME HEALTHCARE/MEDICALHEALTHCARE/MEDICAL LIVING WITH DIGNITYLIVING WITH DIGNITY INFLATIONINFLATION LOVE AND CARELOVE AND CARE WIFES NEEDSWIFES NEEDS GIFTS TO GRAND CHILDRENGIFTS TO GRAND CHILDREN SOCIAL LIFE/HOLIDAYSSOCIAL LIFE/HOLIDAYS IN TERM OF Slide 3 WHY SHOULD YOU THINK ABOUT RETIREMENT-today STRESS NO 1 KILLER Slide 4 DEMOGRAPHIC TRENDS IN INDIA AGE PYRAMID FOR INDIA-1961 Slide 5 DEMOGRAPHIC TRENDS IN INDIA AGE PYRAMID FOR INDIA-2001 Slide 6 DEMOGRAPHIC TRENDS IN INDIA AGE PYRAMID FOR INDIA-2051 Slide 7 PEOPLE ARE LIVING LONGER Mortality rates are crumbling People are living longer and Therefore more money is needed to fund a longer retirement period More people now prefer to retire young and early, which subsequently adds to the cost of retirement Cost of living is bound to go HIGH Slide 8 STRESS FREE RETIREMENT PLANNING IS A COMPLETELY NEGLECTED FACT OF LIFE The proportion of older people i.e. >60 years requiring support from adults of working age will increase from 12.3% in 1995 to 17.5%in 2035 After retirement you will need money for yourself You will need money for treatment and self care You will need money for treatment and self care You will need more money than what you need today You will need more money than what you need today Slide 9 ECONOMIC SURVEY Average monthly expenditure per family per month In 1920 Rs. 1/- In 1940 Rs. 10/- In 1960 Rs. 100/- In 1980 Rs 1000/- In 2000 Rs 10,000/- In 2020 Rs. 100,000/- In 2040 Rs 10,00,000/- Slide 10 RICE PER KILO What kind of planning have you done for receiving every month in between 2030 to 2050 your golden retirement period In 1970 Rs 1/- In 1980 Rs 3/- In 1990 Rs 8/- In 2000 Rs 17/- In 2010 Rs 36/- In 2020 Rs 90/- In 2030 Rs 200/- In 2040 Rs 450/- In 2050 Rs 1000/- Slide 11 TIME VALUE FOR MONEY MR A saved Rs 20000 from age 22 to 30 years Total invested Rs 1,80,000 Cumulative saving at the age of 65 is Rs 36,92,657 MR B saved Rs 20,000 from Age 31 to 65 years Total invested Rs 7,00,000 Cumulative saving at the age of 65 is Rs 34,46,336 START PLANNING FOR RETIREMENT TODAY Slide 12 LETS PLAN FOR STRESS FREE RETIREMENT RIGHT HERE RIGHT NOW Concept Rajesh Tagore Design by-Deepak Pr Kuanr