PGIM India AMC has launched the third edition of its retirement readiness report. The report surveyed 3088 adults across India to better understand how they view retirement, their preparedness for it and how they are planning towards it. It also views what these individuals prioritize in their lives, from lifestyle to aspirations and personal fulfillment.
Here are some key findings from the survey:
Retirement climbs to #1 priority in 2025, a leap from 8th place as lifestyle and entrepreneurial goals overshadow family-centric concerns
Planning collapses despite intent surge. Only 37% have a retirement plan in 2025 vs 67% in 2023
Mutual funds dominate retirement planning. Mutual fund distributor preference jumps to 62% (from 44% in 2023), adoption rises to 35% (from 24% in 2023) with NPS, PPF and retirement-focused funds gain traction. New age products like REITs make a beginning.
Abhishek Tiwari, CEO, PGIM India Asset Management, “While the retirement became no. 1 priority but readiness has declined. This is not a setback but a sign of positive evolution. Indians are beginning to distinguish between safeguarding against risks and actively building future for themselves. With rising sense of surplus and families moving beyond simply providing for children to planning for their own retirement, reflect a maturing mindset focused on self-driven security and dignity..”
Ajit Menon, Senior Advisor, PGIM India Asset Management, “As financial planning grows more complex, the role of professional advice becomes even more critical. While the rise of DIY investing is encouraging, I strongly believe that even the most confident investors should seek a qualified advisor’s second opinion. This not only stress-tests plans and eliminates biases but ensures that true preparedness is never left to chance,”
Dr. Sagneet Kaur, SVP, Behavioural Finance & Consumer Insights, PGIM India Asset Management “Our research highlights that anxiety and negative emotions are far more prevalent among those who have not planned for retirement, underscoring that financial wellness is as much psychological as it is monetary.”
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