"45 Is The New 60": CA Warns India's Middle Class Could Be Broke By Mid-40s

"45 Is The New 60": CA Warns India's Middle Class Could Be Broke By Mid-40s

India's middle class could face a retirement crisis by the age of 45 owing to rising lifestyle expenses, limited income, longevity and insufficient long-term savings, Chartered Accountant and wealth advisor Kanan Bahl has said.

'33% of your salary is being paid off to EMIs': Analyst says debt is crushing middle class India - BusinessToday

By the end of 2024, household debt in India has surged to 42% of GDP—a number that should "rattle us all," Sujay warns.