When should I start retirement planning in India?

The earlier, the better. Starting at 25–30 gives decades for compounding to grow your money. Even if you’re in your 40s or 50s, disciplined SIPs can still build a meaningful corpus.

What is the best investment for retirement planning in India?

Mutual fund SIPs in equity funds are among the best options because they provide long-term growth and flexibility. While NPS is better than PPF or LIC, its limits make mutual funds more effective for wealth creation.

How much money do I need for retirement in India?

This depends on your expenses, lifestyle, and life expectancy. Instead of aiming for arbitrary numbers (like ?1 Cr or ?5 Cr), calculate based on inflation, retirement age, and desired monthly income. An expert can help you crunch the right numbers.

How can I maximize my retirement savings?

Start early, take measured risks in equity SIPs, increase contributions regularly, and avoid low-yield products. Regular reviews and goal-based investing ensure your savings outlast you.

How to Plan for a Comfortable Retirement in India

Best Ways to Maximize Your Retirement Savings

Start Early: Even starting at 30 gives you three decades for compounding to work.
Use Equity SIPs: Mutual fund SIPs are flexible, scalable, and growth-oriented.
Consider NPS With Caution: While NPS is better than fixed income, its equity cap and mandatory annuity make it less efficient than mutual funds.
Step-Up Contributions: Increase your SIPs as income grows to reach a larger corpus.
Work With Experts: Behavioural guidance ensures you avoid emotional mistakes and stick to the plan.

Platforms like FinEdge’s DiA combine technology with human expertise to help you create, track, and adjust your retirement plan — so your future stays secure.