With redefined health infrastructure and increasing life expectancy, people over the age of 60 years would constitute 25 per cent of the population at 34.7 cr by 2050, more than double the current number that is 14.9 cr. This data from the United Nations Population Fund’s India Ageing Report 2023, should only push us to end the whispers around retirement, which has long been a taboo among the ageing population, and embrace the times to develop conscious retirement planning.
In many top firms globally, people believe that fifty-five to sixty years of age is hardly old enough to stop working yet, senior employees in that bracket are silently expected to leave. But what if they do not wish to due to underlying financial woes? On the contrary, at a time that is increasingly witnessing a growing fast-paced work life with minimum to no work-life balance, young people under the age of thirty are reporting “burnouts”. According to the McKinsey Health Institute’s 2023 survey, "India respondents reported the highest rates of burnout symptoms at 59%". This often leads to people wanting to ‘retire’ early from their work.
Another report from the World Economic Forum in 2023 found out that despite many of those nearing retirement, needing to work for longer to make ends meet, 44 per cent of people under 40 still say they would like to stop working by 60 at the latest.
However, with changing work and social dynamics, lifestyle choices, and the increasing expenses of the younger generation, one must begin to focus on their life after 40 years and how.
On this note, Outlook Group’s much-anticipated retirement planning event, “40After40,” in collaboration with IDFC FIRST Bank, brings to you the many aspects of retirement planning, from timely financial considerations to lifestyle-related choices. The two-day event and expo, a first-of-its-kind initiative, will take place at the Jio World Convention Centre in Mumbai on January 23-24, 2024.
The event, hosted by Outlook’s collective platform ‘40After40’, will feature engaging panel discussions, interactive chats, enlightening masterclasses, and opportunities to connect with seasoned planners and industry experts. With 40+ speakers, 4000+ attendees, and 50+ exhibitors, the Expo will offer expert advice through expert sessions, workshops and spotlight sessions.
The Retirement expo will bring together leading speakers and industry experts from diverse fields are set to share their invaluable insights at the “40After40” retirement planning event, showcasing a lineup that includes Indranil Roy, the visionary CEO of Outlook Group; Nidhi Sinha, the esteemed Editor of Outlook Money; and V. Vaidyanathan, the accomplished MD & CEO of IDFC FIRST Bank who will set the agenda.
Over two days, notable speakers will include M Jagannath, MD of LIC of India; Ananth Narayan Gopalkrishnan, Whole Time Member of SEBI; A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC; Vishal Kapoor, CEO of Bandhan MF; Nilesh Shah, MD of Kotak Mahindra Asset Management; Prashant Tripathy, MD & CEO of Max Life Insurance; Swarup Mohanty, Vice Chairman & CEO of Mirae Asset Managers (India); Vibha Padalkar, MD & CEO of HDFC Life Insurance; Amit Jhingran, MD & CEO of SBI Life Insurance; Sashi Krishnan, CEO of National Pension System Trust; Vijay Chandok, MD & CEO of ICICI Securities; Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance; The accomplished assembly reinforces “40After40”
Retirement Planning Expo as a must-attend event for comprehensive retirement planning discussions. With a blend of educational and networking sessions featuring keynote speeches, panel discussions, workshops, and masterclasses led by industry experts, the expo will showcase retirement-related products, services, and lifestyle aspects. The event will also serve as a platform, bringing together government officials, financial regulators, and industry players to discuss critical aspects of retirement planning.
“40After40” Retirement Planning Expo addresses the urgency for conscious retirement planning among those aged 40 and above as life expectancy rises. The platform aspires to provide invaluable insights and expert guidance, enabling attendees to make informed decisions for a secure and prosperous retirement. With over 4,000 participants expected, the event will cater to a diverse audience, including young professionals, mid-career individuals, pre-retirees, and retirees.
