THE 15-MINUTE RETIREMENT PLAN
THE 15-MINUTE RETIREMENT PLAN How Long Will You Need Your Portfolio to Provide for You? (2 minutes) Goal: Estimate the duration your retirement savings need to last. Assumption: Retire at 60, live until 85–90, so savings must sustain 25–30 years. Indian Context: Life expectancy is 70–75, but plan for 85–90 to be safe. Rising healthcare costs must be factored in. Action: • Calculate retirement horizon: If you are 35 now, plan for 50–55 years (25–30 post-retirement). • Use a conservative estimate of expenses, including lifestyle and healthcare (e.g., 10–15 lakh for major medical emergency by 70, adjusted for inflation). Example: If expenses are 6 lakh/year today, assume 12 lakh/year at retirement with 6% inflation. How Can Cash Distributions and Inflation Impact Your Portfolio? (3 minutes) Goal: Understand how withdrawals and inflation erode savings. Indian Context: Inflation averages 5–7% (higher for healthcare). Withdrawals without inflation-adjusted investm...