INCOME TAX1 Oct 2026
The financial risks you cannot see coming | Mint
Most of us plan only for risks we can see, like market falls and rate changes. But quiet risks build over years: living longer, rising inflation, and weak insurance. An annual spend of ₹12 lakh today could reach nearly ₹32 lakh in 20 years at 5% inflation. So plan for a much longer retirement, not just 15 years.
Key Statutory Highlights
- Longevity, inflation and inadequate insurance are deeper financial risks that surface only when it is too late to respond.
- An annual spend of ₹12 lakh today could rise to nearly ₹32 lakh in 20 years at 5% inflation.
- A person in their 70s or 80s has far less flexibility to earn more or recover from losses than a 40-year-old.
Actionable Advice for Taxpayers / Founders:Review your retirement plan assuming you may live much longer than planned, and check whether your corpus, inflation estimate and insurance cover can actually support those years. A financial adviser can help you test this.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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