📈 Retirement planning in India is witnessing a surge in interest, with the pension market expected to reach a massive ₹118 lakh crore by 2030. The National Pension System (NPS) is projected to hold nearly 25% of this share, reflecting a growing shift in investor sentiment towards structured pension schemes.

• India’s pension AUM is projected to reach ₹118 lakh crore by 2030.
• NPS Private Sector AUM has jumped 227% in five years, from ₹84,814 crore to ₹2,78,102 crore.
• India’s elderly population is expected to grow 2.5 times by 2050, increasing the need for pension planning.
• Life expectancy post-retirement is expected to rise by 20 years, making pension planning crucial.
• NPS Private Sector AUM could exceed ₹9,12,000 crore within the next five years, with over 1.5 crore subscribers.

💰 Changing Investment Trends:
The reliance on cash and bank deposits has fallen from 62% to 44% over the past decade. Indian retail investors are increasingly opting for market-linked investments like NPS, mutual funds, and stocks to secure better long-term returns.

📊 Surge in NPS Subscribers:
Between FY 2020 and 2024, new NPS registrations have seen rapid growth:

• Male subscribers increased by 65%
• Female subscribers increased by 119%

The NPS Vatsalya scheme, launched in September 2024, has gained traction, with over 86,000 subscribers joining within months. This indicates growing awareness and acceptance of structured retirement planning.

Currently, India’s pension market is relatively small, accounting for just 3% of GDP. However, with a 10% annual increase in the retirement savings gap, the market is projected to reach a staggering $96 trillion (₹7,900 lakh crore) by 2050.

📢 Industry Expert Insights:
Rahul Bhagat, CEO of DSP Pension Fund Managers, states:
"India’s pension market is on a rapid growth trajectory. With the right policies and growing awareness, it has the potential to unlock significant value for its citizens."

🔔 Final Takeaway:
With increasing life expectancy, growing elderly populations, and evolving investment preferences, NPS and other structured pension schemes will play a critical role in ensuring financial security for retirees.

💡 Are you planning for your retirement yet? It’s time to invest smartly for a secure future! 🚀