Outlook Group is excited to announce the launch of its highly anticipated retirement planning event, “40After40,” in association with IDFC FIRST Bank. This two-day event and expo will take place at the Jio World Convention Centre in Mumbai on January 23-24, 2024. “40After40” aims to be a comprehensive platform for all retirement-related discussions, offering panel discussions, expert chats, masterclasses, interactions with financial planners, and product presentations.
The Growing Elderly Population in India
According to a National Statistical Office (NSO) report titled “Elderly in India 2021,” the elderly population in India is on the rise. It is projected to increase by 41 percent over a decade, from 138 million in 2021 to 194 million in 2031. Furthermore, statistics from statista.com for 2021-31 indicate that the growth rate of the elderly population is expected to be five times higher than that of the total population. With life expectancy in India also on the rise, reaching around 70 years in 2023, it is crucial for individuals of all age groups, especially those over 40, to become conscious of and start planning for their retirement years.
The Need for “40After40” Event
Outlook Group’s “40After40” event is an extension of its commitment to raising awareness and facilitating discussions about the critical yet often neglected topic of retirement planning. It distinguishes itself as the only media house with a dedicated website (https://retirement.outlookindia.com/) that provides editorial content focused on retirement. The event’s primary goal is to offer valuable insights and expert guidance to individuals, empowering them to make informed decisions and secure a prosperous retirement.
Collaboration with IDFC FIRST Bank
IDFC FIRST Bank will be the presenting sponsor of the “40After40” event and will contribute the expertise of its financial experts to promote the message of timely retirement planning. Partnering with IDFC FIRST Bank, a renowned financial institution known for its customer-centric approach and robust solutions, enhances the credibility and expertise of the event. Together, Outlook Group and IDFC FIRST Bank aim to equip event attendees with the knowledge and tools necessary to embark on a secure and fulfilling retirement journey.
In conclusion, “40After40” is a pioneering event that addresses the pressing need for retirement planning in India’s changing demographic landscape. With the support of IDFC FIRST Bank, Outlook Group is poised to provide individuals with the resources and insights they require to make sound retirement decisions.
Important takeaways for all competitive exams:
- IDFC FIRST Bank CEO: V. Vaidyanathan (19 Dec 2018–);
- IDFC FIRST Bank Ltd: Mumbai.