HDFC Life, one of India’s leading insurers, has unveiled its latest campaign focused on the critical need for timely retirement planning<https://www.hdfclife.com/retirement-and-pension-plans/retirement-planning>. The growing elderly population in India coupled with rising life expectancy due to advancements in healthcare and improved standards of living, makes retirement planning imperative. With individuals projected to require 30 years of income […]
The median age of the country is likely to gradually increase from about 29 to 38 by 2050. Similarly, the proportion of aged people (above 60 years) is likely to increase from about 11% in 2024 to 21% in 2050.