[Podcast] Make your own pension[Podcast] Make your own pension

 

Indian retirement planning for long has been centered on your children being successful and them supporting you in your golden years. But, times are changing, with the rise of nuclear single child households, new pension options and easier access to capital markets, retirement planning also has to change.

In this conversation, Deepak and Shray discuss the various options you have to set up a retirement corpus. Be it investing in a pension scheme or managing your own investments, they provide the pros and cons as well as the steps you need to take to do so. They also suggest policies that if implemented, could make retirement planning simpler.

The earlier the better is the mantra for retirement planning and this conversation will help you get started.

00:00 - Intro
01:18 - Choosing Your Retirement: NPS or UPS?
15:36 - The real math behind the Unified Pension Scheme
22:33 - Can private sector employees build their own pension?
28:54 - Forced Savings: A behavioral take on long-term wealth
35:43 - Guarantees, gradually: structuring safer payouts as you age
39:33 - Tax efficiency and corpus optimization
44:17 - Managing Volatility: Behavior & long-term thinking
51:27 - The structural risk behind public pension guarantees
57:55 - Belief in the System: Will pensions and markets survive?
01:03:13 - Where do I even start?
01:14:52 - Why India needs its own 401(k)
01:19:36 - The roadblocks to retirement reform
01:23:44 - Will Equity Returns Moderate?