I hear people saying.. I don’t need 10 crores or 15 crores for Retirement

50lacs or max 1 crore is enough, I will get rent and that will be enough

And many other excuses to convince themselves that retirement is easier

Here is a Reality eye opener on Retirement Myths:

Since last 4months one of this group member is spending Rs 36000 per month for a maid to take care of elderly mother

Mother had undergone multiple surgeries and unable to walk

So only for maid, 4.5 lacs per annum is required apart from other medical and treatment related expenses

Are your retirement investments sufficient to cover such expenses?