Mumbai, Feb. 23 -- Many conventional retirement solutions may not be sufficient to maintain an individual's lifestyle over a long post-retirement life, cautions a study conducted by city-based global investment firm OmniScience Capital.
The study report titled "The Science of Retirement Planning: Navigating Hidden Risks in a Long Retirement" underlines that retirement success depends less on the starting corpus and more on how effectively it manages inflation, longevity and market volatility, particularly the sequence-of-returns risk across multi-decade horizons, a release stated on Monday.
The analysis evaluates a retirement corpus of 1 crore with an annual income requirement of 6 lakh in today's terms, assuming life expectancy up to 100...