{"id":421864,"date":"2026-04-28T16:02:37","date_gmt":"2026-04-28T16:02:37","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/421864\/"},"modified":"2026-04-28T16:02:37","modified_gmt":"2026-04-28T16:02:37","slug":"youll-need-%e2%82%b940-crore-to-retire-in-india-founders-advice-shocks-internet","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/421864\/","title":{"rendered":"\u2018You\u2019ll need \u20b940 crore to retire in India\u2019: Founder\u2019s advice shocks internet"},"content":{"rendered":"

Sandeep Jethwani, co-founder of wealth management firm Dezerv, has offered a sobering take on how much a person needs to retire comfortably in an Indian metropolitan. Appearing on The Money Mindset podcast with journalist Sonia Shenoy, Jethwani said a person needs \u20b940 crore to retire at 60 if their expenses range between \u20b91 to 2 lakh per month.<\/p>\n

\"SandeepSandeep Jethwani (R) is the co-founder of wealth management firm DezervThe retirement question<\/p>\n

The topic of retirement corpus came up when Sonia Shenoy presented her own example as a \u201clive case study\u201d.<\/p>\n

\u201cI am almost 40, and I have an expense <\/a>of \u20b92 lakh a month, give or take,\u201d Shenoy said. \u201cHow much would I need to have in assets by the time I\u2019m 60?\u201d<\/p>\n

\u201c \u20b940 crore,\u201d Sandeep Jethwani answered. \u201cThis is ex of the house you live in, ex of the car that you drive,\u201d added the IIM Bangalore-educated entrepreneur.<\/p>\n

Asked if it includes children\u2019s education, Jethwani answered: \u201cEverything. The full corpus. Whatever the amount to cover your future expenses, \u20b940 crore in India for a mid-size family will be a reasonable amount.\u201d<\/p>\n

Shenoy pointed out that \u20b940 crore is a big number, one that\u2019s likely to raise eyebrows. She also noted how even reaching a net worth of \u20b91 crore is difficult for many people. \u201cIt is very hard,\u201d Jethwani agreed.<\/p>\n

Sharing the video on Instagram, Shenoy said she expected the retirement corpus<\/a> to be around \u20b910 crore, not 40 crore.<\/p>\n

\u201cIn my opinion, If you spend 1-2 lakh\/month today, you need roughly 10 crore by age 60 but Sandeep Jethwani, my guest on the show tells me that inflation, lifestyle creep and unexpected health costs can inflate your retirement expenses much more than you think,\u201d she said.<\/p>\n

(Also read: \u20b98-10 crore ensures a good life, says billionaires aren\u2019t much different”>Gurgaon man argues \u20b98-10 crore ensures a good life, says billionaires aren\u2019t much different<\/a>)<\/p>\n

\u201c\u2018The numbers feel overwhelming but the fact is If you are in the age group of 35- 40 and have expenses of 1-2 lakhs per month living in a metro in India today, you will need a corpus of 40 crores by the time you turn 60 years of age\u2019 says my guest Sandeep Jethwani,\u201d she added.<\/p>\n

What the internet had to say<\/p>\n

Social media users had a lot to say, with many surprised by the \u20b940 crore figure.<\/p>\n

\u201cReally!! What is the life expectancy he is considering? Because in my understanding, by the time you are 60, you won\u2019t need funds for your child\u2019s education. You\u2019ll live for next 20-25 years, that\u2019s about INR 2 crore annual expenses (considering interest earnings),\u201d wrote one person.<\/p>\n

\u201cThe pedestal from which this podcast is done is higher than Burf Khalifa, for sure. Can’t see the ground beneath but can see the ocean clearly,\u201d another quipped.<\/p>\n

\u201cApologies, but the level of nonsense, particularly on this reel, is wildly disproportionate. People seem deeply disconnected from ground reality. The above may make sense when you are accustomed to buying LV bags, but not when you simply want to live comfortably,\u201d a third person opined.<\/p>\n

One comment under the video read, \u201cLet\u2019s get real. Most of India won\u2019t even earn 1 cr in their lifetimes. How about tips to help the bottom 99% thrive rather than survive?\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Sandeep Jethwani, co-founder of wealth management firm Dezerv, has offered a sobering take on how much a person…\n","protected":false},"author":2,"featured_media":421865,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[184621,72,184623,176,61,184622,60,174,175,47936,11392,184620],"class_list":["post-421864","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-span-classwebrupee-span40-crore","tag-business","tag-expenses-per-month","tag-finance","tag-ie","tag-indian-metropolitan","tag-ireland","tag-personal-finance","tag-personalfinance","tag-retirement-corpus","tag-retirement-plan","tag-sandeep-jethwani"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/421864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=421864"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/421864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/421865"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=421864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=421864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=421864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}