With annual expenses of ₹20 lakh, major future goals, and a diversified portfolio across mutual funds, FDs, PF/PPF, and stocks, what retirement planning steps should I take now to generate sustainable income after 2030? - Name withheld on requestIt's heartening to see someone plan for retirement in advance, though it could ideally have been done a little earlier. With current annual expenses of ₹20 lakh, you would require about ₹25 lakh by 2030 assuming a 6% inflation rate. Retirement risks Retirement can be tricky because income effectively becomes zero while expenses continue and keep rising due to inflation. The biggest uncertainty is unforeseen expenses which, if they arise, can derail even a sound financial plan.

Source: Mint March 19, 2026 14:49 UTC