Outlook Retirement Planning Expo Sets New Benchmark to Imparting Financial Knowledge to making Indians’ future ready

Jan 29, 2024 - 09:19
Jan 29, 2024 - 09:20
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Outlook Retirement Planning Expo Sets New Benchmark to Imparting Financial Knowledge to making Indians’ future ready
Revolutionizing Retirement Planning: Insights, Strategies, and Expert Advice | 40After40 Expo

Revolutionizing the landscape of post-retirement planning, a recent expo has laid the groundwork for a transformative journey for individuals and their families. This comprehensive and holistic approach, showcased over two days, featured an impressive array of over 40 distinguished speakers, drew more than 4000 attendees, and hosted 50+ exhibitors. The event provided a wealth of insights and opportunities to redefine financial considerations, guiding individuals toward making informed lifestyle choices in the context of retirement.

Outlook Money's '40After40' Premier Retirement Planning Expo, held at the prestigious Jio World Convention Centre in Mumbai, marked a paradigm shift. Participants engaged in insightful panel discussions, interactive chats, and enlightening masterclasses, connecting with seasoned planners and industry experts.

The expo commenced with a impactful session by Bharat Shah, Executive Director of ASK Group, emphasizing the importance of early planning and addressing the financial knowledge gap in academics. Shah underscored the holistic nature of wealth, encompassing intellectual ability, physical well-being, and the drive of the soul. V. Vaidyanathan, MD & CEO of IDFC FIRST Bank, stressed the analogy of retirement planning to stepping onto a cricket pitch, urging early initiation to avoid unexpected challenges.

Deepak Mohanty, Chairman of the Pension Fund Regulatory and Development Authority (PFRDA), discussed the risks of inflation, the power of compounding, and the imperative to expand literacy about the National Pension System (NPS). Madan Sabnavis, Chief Economist at Bank of Baroda, shed light on India's journey towards a $5 trillion economy, emphasizing the need for real GDP growth, lower inflation, and increased per capita income.

Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance, demystified the life insurance landscape, outlining critical variables for investment. Ananth Narayan Gopalakrishnan, Whole Time Member of SEBI, provided insights on retirement planning, urging attendees to view it as a current financial planning activity. Vishal Kapoor, CEO of Bandhan MF, highlighted the importance of aligning investments with lifestyle goals for retirement.

The wealth creation panel featured industry leaders who emphasized the significance of investing in India, choosing sound companies, and diversifying portfolios. The post-retirement money panel discussed the necessity of wealth creation post-retirement, addressing the increase in expenditure with age.

Various sessions addressed reforms in the National Pension System, the role of equity in retirement planning, and the challenges and solutions in financial planning. Special addresses focused on the next step in healthcare, wellness, and the long-term roadmap for a healthier nation.

Celebrities like Manoj Bajpayee and Mithali Dorai Raj shared insights into their careers, while Devdutt Pattanaik related mythological scriptures to current life situations.

Outlook Money’s '40After40' successfully created a unique platform, offering individuals valuable insights into retirement planning and ensuring a brighter financial future. The event's success is a testament to the importance of informed decision-making in securing one’s retirement.

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