The Impact Of Inflation
He said that the long-held belief that Rs 1 crore is enough for retirement is no longer valid. By 2045, this amount may provide only around Rs 16,000 per month, which would not cover even basic living expenses in major cities. Vvyas also mentioned audit expert, B. Govinda Raju, in his post, saying that while Rs 1 crore could produce approximately Rs 33,000 per month for 25 years, inflation will gradually erode its worth, reducing it to only Rs 23 lakh in today’s terms.