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According to the India Retirement Index Study,  more than 80% of urban Indians fear they will run out of money in retirement and 59% of urban Indians believe their savings won’t last even 10 years in retirement.

Hence, it becomes important to consider retirement planning as a crucial part of financial planning, especially our parent's retirement. 

Parents often make significant sacrifices for their children, going above and beyond to meet their emotional needs and provide the best possible education. Although it's impossible to fully repay them for their efforts, expressing gratitude through a thoughtful retirement plan could be a meaningful gesture and will allow them to enjoy a life of respect and dignity without compromise. 

In the first part of the episode, we discussed the importance of planning for retirement, the challenges of retirement planning in India, and emerging trends in retirement planning. "

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