Retirement fund in India should be 30 times of annual expenditure: Sikhri

According to Shalini Sikri of Renesas Investment Managers, the retirement fund should be 25 times your annual expenditure at the time of retirement but in India it should be 30 times due to inflation. "If the annual expenditure at the age of 50 is ₹12 lakh, then at the age of 60 it will be ₹21.5 lakh...the fund should be 30 times that," he said.