Only 18 per cent of Indian investors think of retirement as a priority investment goal, observes the fourth edition of Trust Study Report released by the CFA Institute. Globally, half the investors keep retirement on top of their investment list.
Saving for retirement not a priority
“Most Indians look at their children’s education and wedding as priorities. There is also a tendency to prepay home loans,” observes Amol Joshi, founder of Mumbai-based Plan Rupee Investment Managers. Naturally retirement takes a back seat. However, it should not be the case, he adds.
