“40After40” Retirement Planning Event
The Outlook Group is delighted to announce the forthcoming launch of “40After40,” a dedicated retirement planning event, presented in collaboration with IDFC FIRST Bank. Scheduled for January 23-24, 2024, this two-day event and exposition will be held at the Jio World Convention Centre in Mumbai, providing an all-encompassing platform for discussions surrounding retirement planning.
The Expanding Senior Population in India
According to a report from the National Statistical Office (NSO) titled “Elderly in India 2021,” India’s senior citizen population is on a trajectory of growth. Projections indicate a 41 percent increase from 138 million in 2021 to 194 million by 2031. Furthermore, statistics reveal that the growth rate of the elderly population will surpass that of the general population fivefold. In light of this demographic shift and the rising life expectancy, which reached around 70 years in 2023, retirement planning has become a critical concern, particularly for individuals aged 40 and above.
The Imperative for “40After40”
Outlook Group’s “40After40” event represents an extension of its commitment to raising awareness and facilitating discussions regarding the often-overlooked subject of retirement planning. Notably, it stands out as the sole media entity with a dedicated website (https://retirement.outlookindia.com/) focusing on retirement through its editorial content. The primary objective of the event is to deliver invaluable insights and expert guidance, empowering individuals to make informed decisions and secure a prosperous retirement.
Partnership with IDFC FIRST Bank
IDFC FIRST Bank takes center stage as the presenting sponsor of the “40After40” event, contributing its financial expertise to emphasize the importance of timely retirement planning. The collaboration with IDFC FIRST Bank, a distinguished financial institution known for its customer-centric approach and robust solutions, enhances the event’s credibility and expertise. Together, Outlook Group and IDFC FIRST Bank are committed to equipping event attendees with the knowledge and tools essential for embarking on a secure and fulfilling retirement journey.
In conclusion, “40After40” emerges as a pioneering event that addresses the pressing need for retirement planning within India’s evolving demographic landscape. Supported by IDFC FIRST Bank, Outlook Group is well-positioned to provide individuals with the resources and insights required to make prudent retirement decisions.
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