Paragraph match score 80.1%
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Things to Consider While Planning Your Retirement
Inflation- The Indian inflation rate is 2.1% in June 2025. If your monthly expenditure is around ₹50,000 and you are supposed to retire after 20 years. You need approximately ₹1.6 lakh per month to live with the same spending if the rate of inflation remains unchanged. Ignoring inflation while planning your retirement is a significant mistake.
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Pointers to Remember while Planning your Retirement
Inflation: The Indian inflation rate is 6%. If your monthly expenditure is around Rs 50,000 and you are supposed to retire after 20 years. You need approximately Rs 1.6 lakh per month to live with the same spending if the rate of inflation remains unchanged. Ignoring inflation while planning your retirement is a significant mistake.