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Expectation on provider for retirement income in India 2018

When survey respondents were asked about their expectation on who will provide for their retirement income as of 2018, a majority expected the greatest proportion of it to come from their own savings, investments. About 46 percent of the respondents also stated that the government would provide for their old-age income. Indians on average, receive lower government benefits and social security for retirement compared to global standards.

Expectation regarding who will provide retirement income across India in 2018

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Source

Release date

April 2019

Region

India

Survey time period

January 29 to February 19, 2018

Number of respondents

900 workers and 100 retirees

Special properties

high proportion of respondents from urban areas, therefore more middle and high income workers.

Method of interview

Online survey

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Statistics on "Personal savings in the United States"

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