Retirement saving planning in India 2018

A substantial 83 percent of workers in India had a coherent plan in place for retirement as per a 2018 survey aimed at studying attitudes and preparedness for retirement in India. Out of these, 28 percent of the respondents stated that they had a written strategy towards their retirement savings. According to the global findings of the same survey, Indians were the most prepared for retirement that year compared to other countries across the globe.

Attitude towards planning for retirement savings 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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