Retirement is a long stage with no regular paycheck. Mix several income sources, ask questions early and start small.
At 8%, money doubles about every 9 years. Starting earlier gives more doublings. Starting late still helps, and real returns vary.
EPF suits salaried workers, PPF is a steady scheme with a 15-year lock-in, and NPS is a market-linked pension. Rules and rates change.
Inflation raises future costs. List your needs, including health. Rules of thumb are rough, so review your plan often.
People without employer pensions need their own plan. Family support and own savings can work together. Women especially may benefit from savings in their own name.
What you'll learn
Lesson 15.1
Why Plan for Retirement?
Rukmini's aunt taught school for 35 years. Then one day, the paychecks stopped. Life didn't. How does anyone live on money they saved long ago?
You'll learn: Why planning for retirement matters.
When Paychecks Stop: Retirement means no regular paycheck, but expenses continue for many years.
Where the Money Can Come From: Several sources of retirement income are safer than one.
Starting the Thought: Ask early, start small.
Lesson 15.2
Time Is the Best Friend
Sunil starts saving at 25. Uma starts at 35. Same ₹1,00,000, same growth. By 60, who has more, and by how much?
You'll learn: Why time is the best friend of long-term savings.
Doubling Again: At 8%, money doubles about every 9 years.
Two Starts: Ten extra years can more than double the result.
It's Never Too Late, and It's Never Certain: Start early, catch up if needed, and remember examples aren't promises.
Lesson 15.3
EPF, PPF and NPS
Three letters, three tools: EPF, PPF, NPS. Sounds like alphabet soup. Let's untangle it.
You'll learn: India's main retirement tools.
EPF: The Salaried Worker's Fund: EPF is for salaried workers, with contributions from both sides.
PPF: The Long, Steady Plan: PPF is steady, open to all citizens, with a 15-year lock-in.
NPS: The Market-Linked Pension: EPF, PPF and NPS suit different situations. Check current rules.
Lesson 15.4
Inflation and "How Much Is Enough?"
Mahesh spends ₹30,000 a month today. In 30 years, will ₹30,000 still be enough? Spoiler: probably not.
You'll learn: How inflation affects retirement planning.
Prices Climb: Inflation raises future costs a lot over decades.
Listing Needs: List your future needs, including health.
A Rough Sense of "Enough": Rules of thumb are rough. Review your plan often.
Lesson 15.5
Different Paths
Latha runs a small shop and has no employer pension. Her neighbor has one. Her sister relies on family. Three women, three paths. Which is right?
You'll learn: That retirement planning has many paths.
No Employer, No Problem? Without an employer pension, you need your own plan.
Family and Community: Family support and own savings can work together.
A Note on Women's Retirement: Own savings, in your own name, add security. Sharing knowledge helps others.
Stopping regular work income. Income from work usually ends.
Learn it the Yukti way
Every lesson is a short story told in scenes, with a quick question after each idea and a review at the end. Wrong answers come with a clear explanation, and Practice brings them back until they stick. Examples use Indian rupees and Indian rules, and show in your own currency in the app.
Yukti is for education only, not financial advice. It teaches general ideas and doesn't recommend specific products. Spot a mistake? Email support@yukti.finance and we'll fix it.
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